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CFAs alarmed by fed's 'whatever-it-takes' approach to stimulus

from Financial Advisor

CFAs alarmed by fed's 'whatever-it-takes' approach to stimulus Financial Advisor The Federal Reserve Board’s self-proclaimed “whatever-it-takes” policy for Covid-19 stimulus, coupled with the lack of controls surrounding CARES Act stimulus funds, are dangerous to the future of the economy and the markets, a majority of chartered financial analysts (CFAs) said in a new survey. The CFA Institute's findings, which are based on responses from more than 8,000 investment professionals taken between July 10 to July 20, offer real-time insights from professional investors as Congress continues a heated debate over what the next round of stimulus relief will look like. READ MORE

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