NewsWatch: Stocks rally as investors ask the ‘wrong question’ about coronavirus and reopening the economy, analyst says

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MARKETWATCH FRONT PAGE

Investors shouldn’t be asking when the U.S. economy will reopen, but when will demand return to pre-virus levels, analyst says. See full story.

‘It’s a complete abomination’ says Wall Street money manager about hedge funds applying for bailouts from small-business recovery funds

The Bloomberg News article makes the case that hedge funds, which tend to charge 2% fees for managing other people’s money and take 20% of the profits from their bets, are enticed by the roughly $350 billion recovery package. See full story.

Debt collectors are going after millions of stimulus checks — 5 ways to stop them

‘Millions of Americans have court judgments against them,’ says Lauren Saunders, an associate director at the National Consumer Law Center. See full story.

Trump is odd man out as approval ratings soar for world leaders’ handling of the coronavirus pandemic

Heads of state are getting strong support by their citizens. Trump, on the other hand, is being panned for his lack of leadership. See full story.

Health officials say more clinical data needed to understand whether antibodies protect recovered COVID-19 patients

There are still unanswered questions about whether people who have already tested positive for COVID-19 can be infected again or infect others even as efforts move forward to develop antibody tests that some officials say will help reopen the U.S. economy. See full story.

MARKETWATCH PERSONAL FINANCE

‘Cuomo’s been calling daily, even hourly, begging for everything, most of which should have been the state’s responsibility, such as new hospitals, beds, ventilators,’ President Trump said. See full story.