Peter talks about why he thinks that stocks have rallied but that there will probably be a lot more bankruptcies in the real economy in the next 3-6 months.
Jason and Peter talk about how many casual sit down restaurants cannot make a profit with social distancing and politicians forcing restaurants to open at only 20% to 30% total capacity.
Jason also asks Peter about the Dollar, the amount of borrowing that the US Treasury will need to do and the Fed balance sheet. Will this much borrowing collapse the Dollar?
- Source, Wall St for Main St
