Welcome to the Jill on Money Coronavirus Market update. We are recording this on Tuesday. What day is it?

It's April 21st.

I can't even believe it.

All right, markets are closed, down day for stocks.

This is all about the oil market.

We talked about the oil market yesterday,

but the oil market is getting destroyed,

and it's getting destroyed for a good reason.

And that reason is that we are not demanding

as much in energy products.

I did a little follow-up to yesterday's podcast

and looked up some information.

By April 10th, consumption of petroleum products in the United States dropped to the lowest level in 30 years.

Demand for gas declined by nearly half since mid-March.

Jet fuel consumption has plunged by 70%.

And one might ask oneself if one were thinking about it in this way, If demand for petroleum products is down by so much,

would it not then be rational to consider that demand for other products could be down that much. I don't know. Stock market rallied from the

lows. Maybe those investors are right. Maybe they're not. We just don't know.

In the meantime, let's just answer your questions because that to me is more important.

If you are thinking about something that's bugging you financially, even about the economy, maybe it's a workplace issue. Why don't you give us a holler? Just send us an email. Ask Jill at Jill on money.com. Okay, here we go. This is a question from Bill, who says since there's no required minimum

distribution from retirement accounts this year, can there still be a tax-free qualified

charitable distribution? Sure. In other words you can still take an

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