Backstops & Stimulus: How Much Will It Take?

<p>In this episode of <i>WashingtonWise Investor</i>, Kathy Jones, Schwab’s chief fixed income strategist, joins Mike Townsend to discuss the Fed’s extensive efforts to counter the impact of the coronavirus on the economy. They breakdown the dizzying array of far-reaching programs—from the tried-and-true to more controversial tactics—and help individual investors focus on what really matters for them.</p><p>Mike also shares insights into what Congress is doing to enhance the CARES Act and what to expect as they move forward with the next round of aid and stimulus in a “CARES 2” bill. He also considers what tax deferrals mean for not only the federal budget, but more dramatically, the toll they are taking on state governments. And in his campaign coverage, Mike looks at the myriad ways the coronavirus is impacting the 2020 election—including the 22 remaining primaries, the party conventions, and voting in the fall.</p><p><i>WashingtonWise Investor</i> is an original podcast from <a href="https://www.schwab.com">Charles Schwab</a>. For more on the series, visit <a href="https://www.schwab.com/WashingtonWise">Schwab.com/WashingtonWise</a>.</p><p>If you enjoy the show, please leave a ★★★★★ rating or review on <a href="http://getpodcast.reviews/id/1478013779">Apple Podcasts</a>. </p><p><strong>Important Disclosures</strong></p><p>Money market funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.</p><p>The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.</p><p>The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor nee