Bloomberg Surveillance

Lori Calvasina, RBC Capital Markets, says the end of March market rally was due to a positive reaction out of Washington. Jason Furman, Harvard University professor and Former Obama Economic Advisor, says there will be very high unemployment for the rest of this year and next year. Michael Gapen, Barclays Chief U.S. Economist, says March jobs report is already old news; jobless claims data is the most important information we have. Jonathan Miller, Miller Samuel Real Estate Appraisers & Consultants, details how the housing market is dealing with fallout from the coronavirus.