In a story that will continue to unfold over many months and probably years, the period of late February into April, 2020, will go down in the annals of economic history as the most remarkable eight weeks we have ever experienced — with more volatility sure to follow.
The Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was enacted into law on March 27, 2020
Coming into 2020, the US economy was firing on all cylinders