Tag Archives: stimulus

Billionaire “Bond King” Jeffrey Gundlach says the stimulus and the Federal Reserve’s low interest rates have “been a very deep punch bowl spiked pretty heavily with 100-proof liquor,” and “once this party ends, the hangover is going to be in the form of a sharp drop in economic growth.” Gundlach, the founder and CEO of $137 billion DoubleLine Capital, explained that the economic picture in the U.S. is “very hard to divine” because of the government’s intervention. “It’s like pushing on like a… Source link

Billionaire bond investor Jeffrey Gundlach, founder and CEO of $137 billion DoubleLine Capital, says as long as the Federal Reserve’s stimulus continues, “The stock market can stay in very overvalued territory.” Speaking to Yahoo Finance Live on Monday, Gundlach, known as the “Bond King,” said that while U.S. stocks are overvalued they look cheap compared to bonds. “[As] overvalued as stocks are relative to historical measures — like the price-to-earnings ratio, or Dr. Shiller’s CAPE ratio,… Source link

This is your last chance to get free health insurance from Biden’s stimulus package Americans have just hours left to claim free health insurance for the remainder of the year, courtesy of President Joe Biden’s pandemic rescue package. White House officials are urging anyone interested in a zero-premium plan to submit an application by Sunday, Aug. 15 at midnight local time. Both wealthy and low-income Americans are welcome to apply — and although there is one big eligibility requirement,… Source link

BackyardProduction / Getty Images/iStockphoto So far, about 2.8 million Americans have signed a petition calling for $2,000 monthly stimulus checks for every American. This petition was started by Stephanie Bonin, a Colorado restaurant owner, and was first posted on Change.org last year, reports Business Insider. See: Fourth Stimulus Checks Are Coming From These States — Is Yours on the List?Stimulus Update: States Give Out Thousands of Bonus $1,000 Checks – Will You Get One? Since gaining… Source link

A fresh stimulus check may be on the way to you, thanks to your tax return More than four months after it started, the pandemic’s third round of stimulus checks is still going. The IRS says it continues to push out millions of relief payments — including extra money to people who already got a third check. The tax agency just announced it has sent out hundreds of thousands more bonus payments to Americans, based on information gleaned from recently filed tax returns. And over 1 million other… Source link

A new Biden stimulus benefit offers free health insurance for 6 months The massive COVID rescue package President Joe Biden signed back in March — the same law that included $1,400 stimulus and the monthly payments for families that start next week — is now offering free health insurance to millions of Americans, through the end of 2021. The benefit’s zero-premium health plans became available on July 1, with no income limits for qualifying. But there is one major eligibility… Source link

New stimulus benefit offers free health insurance through the end of this year The massive COVID rescue package President Joe Biden signed back in March — the same law that included $1,400 stimulus and the upcoming monthly payments for families — is now offering free health insurance to millions of Americans, through the end of 2021. The benefit’s zero-premium health care plans just became available, as of July 1, and there are no income limits to qualify. But you must meet one big… Source link

Evgenia Parajanian / Getty Images/iStockphoto More and more support has been developing for a fourth — and possible fifth — stimulus check amongst members of Congress. See: Child Tax Benefits Will Start Hitting Accounts July 15Find: New Stimulus Perk Helps Pay for Your WiFi and Laptop In a letter to President Joe Biden, seven members of the influential Ways and Means Committee have joined fellow members of Congress who support additional stimulus checks. It claims that that the American… Source link

A fourth stimulus check? The White House isn’t ruling that out The pandemic’s fourth stimulus check has so far been nothing more than talk, but it may move closer to becoming a real thing this week as Congress returns to work after its Memorial Day recess. Scores of lawmakers have been arguing for another relief payment, and they’re likely to push harder by capitalizing on some fresh developments. Those include new evidence that stimulus checks are making a difference in Americans’ lives, and… Source link

Evgenia Parajanian / Getty Images/iStockphoto More and more support has been developing for a fourth — and possible fifth — stimulus check amongst members of Congress. See: $1,400 Stimulus May Be on the Way — This Time From Your StateFind: New Stimulus Perk Helps Pay for Your WiFi and Laptop In a new letter to President Joe Biden, seven members of the influential Ways and Means Committee have joined fellow members of Congress who support additional stimulus checks. It claims that that the… Source link