How Is the US Going to Pay for All This Stimulus Spending?
At the time of writing the United States owed $19.3 trillion in public debt. It owed another $5.9 trillion in debt held by its own agencies. Together, these figures come to a national debt of $25.2 trillion. With substantially more coronavirus spending almost certainly still to come, 2020 will be one of the most expensive years in U.S. history. As a percentage of gross domestic product (GDP), the coronavirus response has already pushed government spending to its highest levels since World War [...]
Fuente: Eric Reed // 21st May 2020Moratorium on Rent for Businesses
Tenants of commercial premises have until the 23rd of May 2020 to request a moratorium on rent for businesses. This was approved by Royal Decree-Law 15/2020 to support the economy and employment of Spain during the State of Alarm. This Royal Decree-Law 15/2020 was quite a complicated one covering measures of all kinds. Including a moratorium of rent for businesses. A moratorium being a temporary postponement. This depends on the type of owner of the [...]
Fuente: Spanish Solutions // 7th May 2020Guide to Investing During the Coronavirus Crisis
It’s hard to recall a time when market volatility has been as intense as it has been during the coronavirus pandemic. Between March 1 and March 31, 2020, federal, state and local governments imposed shutdown orders aimed at halting the spread of the virus, in the process shutting down nearly a third of the U.S. economy. That shutdown battered the stock market: In late February the Dow Jones Industrial Average was soaring above 29,000, but by late March it was struggling to stay above 18,000. The [...]
Fuente: Eric Reed // 24th April 2020Companies Helping Coronavirus-Impacted People
IN Response to the coronavirus, companies across the country are pursuing coronavirus relief efforts to help people and businesses most impacted by pandemic. Tech companies are donating millions to help small businesses, healthcare workers and COVID-19 patients. Meanwhile, companies outside the healthcare sector are producing hand sanitizer, masks and other products to curb the spread of the virus. Many are also establishing programs to help those who can’t come to work. In addition to benefitt [...]
Fuente: Javier Simon, CEPF® // 4th April 2020