Welcome to 2 Question Tuesday. Mike gives his opinion on what the longer term effects of the Covid stimulus packages could be. He also looks at how the markets have historically responded to past Fed tapering cycles given all the recent commentary that the Fed could start to slow their bond buying program as early as September. This week’s client submitted questions were:

1. What are the long-term effects of all the stimulus we are receiving?
2. How do you see the markets reacting if the Fed starts tapering in September?

Submit your questions to jmccarthy@focusedwealthmgmt.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.