Jeff Gundlach: “Doing some rough math, it looks like the combined value of the U.S. stock market gains off of the recent lows is roughly equivalent to the combined actual-plus-announced increases in the National Debt.”

Doing some rough math, it looks like the combined value of the U.S. stock market gains off of the recent lows is roughly equivalent to the combined actual-plus-announced increases in the National Debt.

— Jeffrey Gundlach (@TruthGundlach) April 19, 2020

The Fed printed a TON of money and it all ended up in the stock market so the value of the stocks went up.