Our Commentary
The CARES Act: The Largest Stimulus Package in U.S. History
The last few weeks have been surreal and frightening as we watched a pandemic accelerate across the globe. At first is seemed like a geographically distant and even detached issue that would never step foot on our doorsteps. Then within a matter of weeks the tones of our leaders grew stern..
Federal Reserve Update
Earlier on Wednesday, the Federal Reserve Open Market Committee (FOMC) raised the fed funds target rate by 0.25% to a new level of 2.25-2.50%, which was widely anticipated. The formal Federal Reserve statement was little altered from November, since it noted that economic activity remained strong..
