Cumberland Advisors Market Commentary – The Fed & Nonprofits
Sign up for our Market CommentaryAuthor: David R. Kotok, Post Date: July 21, 2020

The extraordinary and massive COVID-19 economic shock has triggered another first-time action by our nation’s central bank. The Fed now has expanded a facility directed at lending to nonprofits. Among those nonprofits targeted are “educational institutions, hospitals, and social service organizations.” Here’s the link to the July 17 press release announcing the modification of the […]