Stimulus checks are one reason the markets have held up better than expected during the current crisis. However, these one-off checks are mostly spent and other programs are tapering off or expiring over the coming months. What’s coming next will inform the trajectory for markets over the coming weeks. More stimulus is likely, stimulus checks are not a given at this point. More Stimulus Likely It seems likely more stimulus is coming. The House passed the HEROES Act, though it is not law yet. That would offer, if it becomes law, significantly more stimulus, including further checks with more generous treatment of ... (full story)