Lebenthal Global Advisors President Dominick Tavella and Walser Wealth Management President Rebecca Walser discuss how stimulus checks will impact the economy and markets.
President Biden on Thursday signed into law a massive coronavirus relief package that’s intended to shore up the U.S. economy’s recovery from the pandemic with billions in aid for American families and businesses.
The $1.9 trillion measure provides a third stimulus check for millions of Americans, extended unemployment benefits through Sept. 6, and a generous one-year expansion of the child tax credit. It also includes hundreds of billions of dollars in aid for state and local governments, vaccine distribution efforts…
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