Among the consequences of the ongoing COVID-19 pandemic is the financial damage it has caused.
Those who owe money on student loans should know that the Coronavirus Aid, Relief, and Economic Security (CARES) Act includes options for students. The CARES Act was approved to provide relief to citizens who may be struggling financially due to the COVID-19 pandemic. Specifically, for students, some payments will be halted between March 13, 2020, and Sept. 30, 2020, and interest will be removed during this period. However, it is imperative for those with active student loans to understand the details and what the CARES Act means for them.
If history is any guide, there is a very high probability that the stock market and the economy will eventually recover from the current global crisis though neither will be the same as before. While the equity markets are already up approximately 35% from the March lows, it is very important, and a great opportunity, for investors to re-evaluate their portfolios to make sure they are positioned in the best way to ride out these volatile times and be poised to take advantage of the opportunities that are out there.
It’s understandable that the volatility and current state of the financial markets has alarmed many people. However, it’s important to remember that volatility and market sell-offs also present an opportunity for investors. It is well understood that, over time,...
The recent decline and extreme volatility in the financial markets have been triggered directly by the impact of the coronavirus, officially known as COVID-19. There are high levels of uncertainty as public health experts work to answer key questions about how many...
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