Another year, another COVID relief package—$1.9 trillion worth this time.
As the old saying goes, “A trillion here, a trillion there, and soon you’re starting to talk about real money!”
But what does this latest cash injection into the economy mean for our closed-end fund (CEF) returns in 2021? Let’s take a look, starting with the big-picture view.
Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.
He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page - SECLaw.com, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.
