Financial Stimulus and Market Movements
Jay Pluimer, AIF® CIMA® Thursday, 22 October 2020
Fiscal stimulus is an economic game-changer, and it can impact the stock market in several ways. The Federal Reserve has been very aggressive during the coronavirus pandemic, providing monetary stimulus to support banks, bonds, money market funds and even stocks. More recently, stock market levels dropped when talks of another stimulus bill slowed.
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About the Author
Jay Pluimer, AIF® CIMA®
Jay Pluimer brings over 25 years of experience working with Investment Committees and individual investors to Flourish Wealth Management. He has built a career focused on investment research, client conversations about investments, and building diversified portfolios to help clients accomplish their goals. As Director of Investments, Jay is passionate about the opportunity to deliver individualized investment solutions for our clients that help align their resources and goals.