Synopsis and Market Implications of the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law by President Trump on March 27, 2020, with significant bipartisan support. The CARES Act essentially is an over $2 trillion economic relief package that serves to provide immediate financial aid for American families, workers, and small businesses in the hopes of keeping American industries prosperous and combat unemployment rates. The following provides a synopsis of the CARES Act, which can b