The giant relief package Congress passed in March gave the Federal Reserve the ability to leverage an extraordinary $4.5 trillion in emergency corporate lending. That may be one reason the market seems to be recovering faster than the rest of the country.

The giant relief package Congress passed in March gave the Federal Reserve the ability to leverage an extraordinary $4.5 trillion in emergency corporate lending. That may be one reason the market seems to be recovering faster than the rest of the country. https://t.co/wqPj0cn2rP

— New York Times Opinion (@nytopinion) June 9, 2020