Dow Rebounds to Close Up Nearly 1,300 Points, or 5%, on Hopes for Central Bank Support
The Street – Stocks finished sharply higher Monday as investors looked to central bank support amid the $6 trillion global market meltdown and a sharply slowing world economy caused largely by the spreading coronavirus outbreak. "With the virus disrupting global supply chains and reducing growth forecasts across the board, a return to stagflation is a possibility," said Nancy Davis, portfolio manager of the Quadratic Interest Rate Volatility and Inflation Hedge ETF (ticker: IVOL) and chief investment officer of Quadratic Capital.
For the performance of the Quadratic Interest Rate Volatility and Inflation Hedge ETF (ticker: IVOL) including the top 10 holdings, click here.
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