Fiscal deficit set to hit $4 trillion this year due to wake of COVID-19 pandemic. Gold futures hit a more-than-seven-year high just shy of $1,790 an ounce in early April, pulling-back somewhat as stocks bounced back from their late-February and March plunge. Gold futures remains up more than 13% till today while popular SPDR Gold Trust ETF up around 12.7% so far this year. Buffett has a negative view of government bonds, commenting that they are the worst investment out there. Stocks rose on Friday even we had the worst monthly jobs report, as market expected a more worst report due to the impact of coronavirus on economy. Dow jumped 1.9%, to 24,3331.32, closing near its session high, S&P500 gained 1.6%, to 2,929.80 and Nasdaq climbed 1.5%, to 9,121.32. The Dow and S&P 500 were up 2.5% and 3.5% for the week, while the Nasdaq jumped 6%. The unemployment rate jumped to 14.7% from 4.4%. Both the spike in job losses and the unemployment-rate surge are post-World War II records. Stocks rallied so fast from their March lows, market just bets on reopening of the economy and on solid revenues of many tech companies even through the shutdowns. The S&P 500 has bounced more than 30% from its Covid-19 lows and is just 13.6% away from its record high. The Nasdaq Composite is more than 35% off its lows and is now up 1.6% for 2020. Stocks that might benefit from reopening of economy rose again on Friday. Airline stocks such as Delta, American and United all gained almost 4.8%. Disney climbed 3.4% while MGM Resorts advanced 4.4%. Most interestingly, the two-year Treasury yield hit an all-time low on Friday, as more economic data pointed to the devastating impact from the Covid-19. The two-year yield last traded at 0.121%. And again the Oil prices rose on Friday, were on course for a second consecutive week of gains, as U.S. producers rapidly shut crude production and as more states moved ahead with plans to reopening, chances of increase in Oil demand. Gold on Friday eased back from its highest in nearly two weeks, as market grew hopeful about economies reopening after COVID-19 lockdowns, but a continued wave of central bank stimulus kept bullion on course for a weekly gain. The strength for gold – interest rates at zero, massive spending and deep concerns about a second wave of infection – creates a very good opportunity for Gold to remain powerful for coming months. And lastly the U.S. dollar rose on Friday after data showed the world’s largest economy lost fewer jobs than expected due to Covid-19 and the greenback was on track to post its largest weekly gain versus the euro in more than a month. Large companies downfall fall much less than smaller companies. So as a result of Covid-19 the strong will get stronger, and we can see that on stock market. So now it’s time to see when again the market reaches to its all time highs ……after digesting all the worse economic news???