03/29/20
As the $2 trillion coronavirus response bill was a major headline this week, we wanted to give our perspective on the two ways that government can respond in a financial crisis that are critical to its potential depth and length – its monetary and fiscal policies. The Fed drives the monetary policy, while it’s Congress’ job to handle the fiscal response. The Fed tends to act first, as it has in the current crisis. It often takes longer for politics to work themselves out between the House, the Senate, and the White House administration. In this webinar, we’ll discuss what the Fed and Congress have done so far. We’ll also cover how the investor can respond and what we can manage together within your financial plan and investment portfolio. Please note that some of this presentation was recorded right before the final passage of the bill on Friday, but all information is correct and updated. Again, we hope you and your family are doing well and are healthy at this time. If you have any further questions, please reach out to a member of your service team.
WEEKLY INVESTMENTS UPDATE
Disclosures: The information reflects Homrich Berg’s views, opinions and analyses as of March 29, 2020. The information is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any investment product. The information does not represent legal, tax, accounting or investment advice; recipients should consult their respective advisors regarding such matters. Certain of the information herein is based on third party sources believed to be reliable but which have not been independently verified. Past performance is not a guarantee or indicator of future results; inherent in any investment is the risk of loss.
