Legislation has finally passed by Congress to inject liquidity into US Markets and bolster consumer spending. It is the largest stimulus package in history, valued at nearly two trillion dollars. As the markets have seen the fastest 30% drop in history, this legislation will be pivotal in the recovery of the US Economy. In this update, RFG Advisory CIO Rick Wedell outlines the importance of liquidity for keeping the economy afloat and jump starting the markets for the recovery. He also gives his perspective on market timing and why market timing might not always be the best option for volatile market cycles like the one we face now.
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