The $1.9 trillion American Rescue Plan Act of 2021 was signed into law on March 11th, 2021. This is the third stimulus package passed since last March and follows the $900 billion Coronavirus Relief Bill in December 2020 and the $2.3 trillion Cares Act in March 2020.
The recently passed $900B Coronavirus Relief Bill has a number of items affecting individuals, families, and businesses. We have reviewed the Consolidated Appropriations Act of 2021, which provides Federal government funding through September 2021, and extends and amends various tax provisions and addresses several other financial planning issues. Here is a summary of the key …
Global Markets initially struggled for direction in the leadupto the US Presidential Election. However, once the uncertainty of the election outcome passed, markets began a rally strongly into year-end.
Global Markets continued their rebound from the selloff in March with strong performance in July and August. Markets were driven higher over the summer months as areas of the economy continued to recover and on the back of talks for additional fiscal stimulus for the economy.
Global Markets rallied strongly in the 2nd quarter off of their March lows. The Dow Jones and S&P 500 indexes recorded their strongest quarter since 1987 and 1999, respectively.