FREE $5500 PAYCHECK PLUS FREE RENT MAY BE AHEAD – HOW WILL THE STOCK MARKET REACT? $DIA $DJIA $SPY $AMZN $MSFT $AAPL $AMD $TSLA
Bills pending in Congress would provide free rent and mortgage payments during the coronavirus emergency, and a monthly check of $2,000 for those over age 16 and $5,500 for a family with three children.
My heart goes out to those who have been adversely affected by the coronavirus. This is, for some, a devastating time.
It could be that the subsidies from the government may ward off economic destruction.
And for stock market investors, the key question is: “How will all of the existing and potential new government largesse affect the stock market?”
Let’s explore with the help of two charts.
April 21, 2020