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FLGV - Short And Sharp: No Such Thing As A Free Lunch
Franklin Liberty U.S. Treasury Bond
By Seema Shah, Chief Strategist, Principal Global Investors
Through the pandemic, global fiscal support packages have gone a long way towards helping to offset the decline in corporate and household income. In the U.S., where signs of activity bouncing back from the disruption of lockdown had initially raised a question mark over the need to extend the CARES Act when it expires, the resurgence in virus infection rates has prompted over 40% of the country to reverse or pause its reopening. This may be an uncomfortable moment for the U.S. Congress. They clearly need to