As everyone continues to get information on the CARES Act, we want to provide you with some of latest updates we have seen. Yesterday, April 8, 2020, the Treasury Department issued an updated Paycheck Protection Program F.A.Q. The Paycheck Protection Program formally launched on Friday, April 3rd. The program is in very high demand and has...Continue Reading
Coronavirus Aid, Relief, and Economic Security Act of 2020Summary of Legislation by FMP Wealth Advisers Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on March 27, 2020 in response to the coronavirus pandemic. The $2-trillion stimulus package will allow the federal government to provide financial assistance to individuals, businesses, and local...Continue Reading
One of the longest bull markets in history lasted almost 11 years before coronavirus fears and the realities of a seriously disrupted U.S. economy brought it to an end. *If you are losing sleep over volatility driven by a cascade of disheartening news, it may help to remember that the stock market is historically cyclical....Continue Reading
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