Each week seemed to be worse than the previous and I will probably soon find myself running out of superlatives. U.S. stocks plunged again on Friday, wiping away the stimulus-led optimism on Thursday and wrapping up the worst week since the 2008 financial crisis.
Each successive announcement of government support measures kept getting overwhelmed by the fast-rising number of confirmed cases and higher death toll, akin to building sandcastles on the beach with powerful waves. The U.S. added 5,594 new Covid-19 cases on Friday, a 40.6 percent increase in a day, bringing