4.3 • 1.2K Ratings
🗓️ 3 April 2020
⏱️ 23 minutes
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| 0:00.0 | Thank you guys. |
| 0:01.0 | Thank you guys and welcome everybody and good Friday evening and too fast money. |
| 0:08.2 | I am Brian Sullivan. |
| 0:09.2 | We are distancing again of course for work but we are never far apart from the markets and the |
| 0:14.0 | two big stories that are out there right now obviously the growth of the |
| 0:16.8 | coronavirus pandemic and the devaluation of the US and global stock markets |
| 0:21.5 | we are all over both for you this hour long. The |
| 0:24.4 | stock market ending the week, weekly, the Dow down 360 points off just about |
| 0:29.3 | another 3% for the week following the earlier gains that we had in the week. A big part of |
| 0:34.4 | the story, the last two days, the price of oil. Up again today, the president wrapping up |
| 0:38.9 | a meeting at the White House with seven major oil executives. There is a virtual OPEC meeting plan for Monday |
| 0:44.6 | OPEC and oil both on the rise. Small caps though, they are going in the other |
| 0:49.4 | direction. A week to forget for small cap investors losing another 5% and this is a |
| 0:55.8 | staggering stat which will show you just how bad things really are for the smaller |
| 1:00.1 | cap stocks just ran the numbers before the show. |
| 1:03.6 | 132 members of the S&P small cap index |
| 1:08.0 | are down more than 20% this week. |
| 1:12.4 | We'll dig in more on that. Plus the SBA Paycheck Protection Act, the |
| 1:17.8 | Small Business Loan Program, maybe getting off to a rocky start. Two important |
| 1:22.1 | guests for you on that. the CEO of Huntington Bank, |
| 1:24.4 | the number one SBA loanmaker in the United States, and the true story of 125 year old family-owned |
| 1:30.1 | business that is trying to get one of these loans and struggling to survive. |
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