From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market.
Schwab is rushing to get more employees working from home, conceding its systems weren’t built to withstand the stresses caused by the coronavirus.
To be fair, precious metals haven’t cratered as badly as stocks have. But this is hardly an example of the "massive" safe-haven demand for bullion.
Another package is coming. The Treasury Department unveiled to lawmakers a plan for $250 billion in direct payments to Americans starting April 6.