by Bob Polley | Apr 3, 2020 | monthly
In this month’s recap: The CARES Act moves to assist Americans quarantined by COVID-19, providing relief with a $2T stimulus package; markets worldwide react to coronavirus-related volatility. Monthly Economic Update Presented by Polley Financial Group LLC, April 2020...
by Bob Polley | Mar 30, 2020 | weekly
In this week’s recap: Markets swing upward as the Federal Reserve and Congress move stimulus forward. Weekly Economic Update Presented by Polley Financial Group, LLC, March 30, 2020 THE WEEK ON WALL STREET An open-ended commitment by the Federal Reserve to support...
by Bob Polley | Mar 23, 2020 | articles
The Coronavirus Contraction Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief EconomistDate: 3/23/2020 Due to fears about the Coronavirus – more specifically, the forceful government measures designed to halt its spread, the US is on the front edge of the...
by Bob Polley | Mar 23, 2020 | weekly
In this week’s recap: Coronavirus continues to drive the markets, even as bankers and health professionals take decisive steps to stem the tide. Weekly Economic Update Presented by Polley Financial Group, LLC, March 23, 2020 THE WEEK ON WALL STREET The stock market...
by Bob Polley | Mar 17, 2020 | articles
Fed Fires Bazooka at Coronavirus Brian S. Wesbury, Chief EconomistRobert Stein, Deputy Chief Economist Date: 3/16/2020 Back in July 2008, then-Treasury Secretary Hank Paulson said he wanted a “bazooka” to deal with financial threats to Fannie Mae and...