In a recent blog, Dr. Mark Bell and Zack Spickard outlined the CARES Act, which grants aid to citizens, businesses, and other stakeholders in the form of loans and direct relief. The CARES Act, which is the third and most significant wave of legislative support for Americans during COVID-19, provides direct economic relief to millions of Americans, significantly expands unemployment insurance, and gives billions in aid to small and large businesses.
Below we provide a brief overview of all three current stimulus packages.
Much uncertainty exists around the coronavirus and the ripple effects of this pandemic. Balentine will continue to assess new data and provide timely information and insight around current market volatility and economic impact. Visit the dedicated resource page on our website, “Latest Market Updates Amid the Coronavirus,” for a consolidation of the insights and resources we encourage investors to read.