Author - Mark Hume
Congress has passed The CARES Act. This stimulus package brings relief to the American people during an unprecedented time when portions of the economy have been brought to a screeching halt. We will outline some of the very basics that have emerged from this bill. Like the SECURE Act, it is a massive bill with plenty of interpretation still to trickle out.
Outbreaks of epidemics typically affect the value of your portfolio. In the past it has always been in the short-term. The fear of the coronavirus has caused equities to sell off from their recent all-time highs. There is no reason to expect this outbreak to behave any differently. This sell-off is ok.