On the surface it looks disjointed. We are in the midst of what is likely the worst recession since the…
In the early hours of March 25th, the Senate and the Trump administration reached a deal on the $2 trillion stimulus package aimed at cushioning the fall for U.S. businesses and consumers in the wake of the coronavirus pandemic. The bill was approved by the Senate late on March 25th, passed through the House on March 27th, and was signed by Trump the afternoon of March 27th. The size of the package is over 9% of the U.S. GDP and is greater than the three major relief packages passed during the 2008 crisis combined.
This legislative update summarizes the key elements of the CARES Act and concludes with an assessment of the expected impact of this stimulus package.
The $484 billion latest coronavirus relief stimulus package passed through the Senate on Tuesday (April 21st), passed through the House…
Given the significant amount of volatility in the public markets and uncertainty surrounding the economic outlook as a result of…
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