I have heard the US treasury is dropping its interest rates due to corona virus.

The money did not go into Corona-Virus stimulus (perhaps a small portion as of now), but rather into a REPO market to continue to purchase its own treasuries in fear of a "liquidation crisis."

In addition, mortgage rates are most closely aligned with the 10 year treasury, not the Fed funds rate.

I visit a few times and all I see are beggars close to the casino

Overnight, the fed cut rates from 1.0% to zero and has announced a $700 million liquidity program which will see it buying Treasuries and mortgage assets in an effort to reassure investors.As I write, investors seem anything but reassured.

Overnight, the fed cut rates from 1.0% to zero and has announced a $700 million liquidity program which will see it buying Treasuries and mortgage assets in an effort to reassure investors.As I write, investors seem anything but reassured.

All Las Vegas MGM casinos and hotels to temporarily close Tuesday. 

Since 1990, if you missed the best 25 trading days because you sold all of your stocks, then your annual returns since then would be the same as 5 year U.S. treasury bonds - you might as well not have the risk for the low returns.

Since 1990, if you missed the best 25 trading days because you sold all of your stocks, then your annual returns since then would be the same as 5 year U.S. treasury bonds - you might as well not have the risk for the low returns.

We'll have to wait and see what the final announcement from Treasury and the IRS say.