The U.S. Federal Reserve has thrown a plethora of information our way this week…
Democrats and Republicans have been in a stalemate for weeks over a fresh economic stimulus package for struggling workers and businesses. Congress claims it’s on the brink of a $900 billion plan, but political leaders are still in talks to make that happen.
Then the Fed said Wednesday that it will keep interest rates near zero and continue to buy at least $120 billion each month in Treasuries and agency mortgage-backed securities until further economic progress has been made.
But there’s only so much that can do, right?
We sat down with Midas Letter founder James West to talk about how the potential stimulus package could affect the economy and, more importantly, your investments in the stock market.