Markets and the virus.

<p>The market closed on April 16 near the highs of the month for the third day in a row. </p>
<p> </p>
<p> </p>
<p> </p>
<p> Moreover, the news on the US economy is not just bad – it is monstrous: the number of applications for unemployment benefits amounted to 5.25 million (!). The Philadelphia business activity index fell to minus 29 – with a forecast of minus 16. </p>