More COVID Relief Will Give an Added Boost to These 2 Stocks
More COVID-19 relief could soon be on the way.
The House Budget Committee just approved a $1.9 trillion coronavirus aid bill. As things stand now, $1,400 in stimulus has been earmarked for most Americans.
Labor Department data shows that the $600 checks sent out in December went right to work in the economy. Retail sales jumped 5.3% in January, which was 5X higher than expected.
With the next round of individual stimulus more than twice as large as the last, it will add even more juice to the recovering economy. Plus, COVID-19 cases are declining. This one-two punch of positivity should have long-lasting effects.