Raymond James Chief Investment Officer Larry Adam provided an update on the impact of the coronavirus on the markets.
Please click here to watch the webinar in its entirety.
Sunday evening, President Trump signed a stimulus bill that included about $900 billion in relief for Americans and businesses. The framework includes 11 weeks of extended unemployment benefits, as well as $600 of direct stimulus for every person under a certain income threshold, including children. Legislators have also been discussing a provision to address the tax treatment of Paycheck Protection Program (PPP) loans, potentially giving further relief to borrowers.
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