The coronavirus has taken the world by storm. And as we all continue to quarantine, practice social distancing, and other measures to prevent spread, the world’s economy has taken a head southward. With data dropping rapidly and no signs of the outbreak slowing down in sight, world governments, central banks and other policymakers have begun to announce various stimulus measures to prop up the economy.
This includes the approved Coronavirus Aid, Relief and Economic Security (CARES) Act.
The wide-sweeping bill has implications for a variety of sectors, corporations and consumers, which is beyond the much touted direct payment checks. Investors now have the chance to potentially win from various aspects of the CARES Act.
For dividend seekers, the CARES Act, as well as the Fed’s recent moves to lower interest rates, could provide chances to score some higher income in the years ahead.
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