Investing When There’s No Playbook: 5 Questions to Assess the COVID-19 Market Environment
As the repercussions of COVID-19 evolve, many investors have come to terms with the fact that there is simply no normal playbook for a market defined by a pandemic. With that in mind, Doug Cohen, managing director, portfolio management, delves into the broad parameters of five questions that are particularly pertinent, including the timeline for a medical breakthrough, emergence of a new paradigm, and the market and Fed’s place in economic recovery.
CARES Act: Congress Approves Economic Relief Program for Individuals and Families
On March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law. In the wake of the coronavirus public health crisis and associated economic fallout, this federal government support is designed to provide support to both individuals and businesses, including changes to tax and retirement account policies.
The Road to Recovery From Alphabet City
With so much being written and said about the rapidly changing market environment, we will not attempt to break any new ground on the key issue—the magnitude and duration of the COVID-19 outbreak. We’ll leave that to the infectious disease experts who, not surprisingly, remain sharply divided on the likely trajectory. While we are surely still in the early stages of a recession, there will just as surely be a recovery.