U.S. Treasury Secretary Mnuchin: U.S. banking system can handle this after Fed's actions - CNBC

Market news

16 March 2020

U.S. Treasury Secretary Mnuchin: U.S. banking system can handle this after Fed's actions - CNBC

Fed is ahead of issues, nobody has to pull money out of banks
There will be a surge of demand for stocks once coronavirus threat abates
Trump administration aims to ensure businesses have liquidity

Gold: Selloff similar to the financial crisis – TDS

NYSE re-opens (down 11%); another circuit breaker will trigger at 13%

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