Impact of new Executive Order to Economy and Investments
With the expiration of the CARES Act on July 31st, 2020 and with it the extra $600 a week in unemployment benefits, there could be a significant negative impact to individuals, families, the Economy, and to the Markets. With Congress unable to agree on a new relief program, the Executive Branch stepped in and an Executive Order was signed this weekend that was intended to provide some relief and ease Market tension.