More Economic Aid From Congress?

Plus: Investors Turn More Upbeat You are receiving this limited-time email resource as a subscriber to Kiplinger's free e-newsletters. We will continue to publish this daily throughout the height of the coronavirus outbreak. To unsubscribe at any time, simply click the link in the footer below. MAY 12, 2020 [View in browser]( [Corona]( WHAT YOU NEED TO KNOW ABOUT THE CORONAVIRUS OUTBREAK House Democrats are putting together a new economic stimulus package that could cost even more than the $2.2 trillion CARES Act. Democrats hope the massive bill, which is expected to be released this week, will trigger serious negotiations with Republicans over the next round of economic relief to ease the impact of the coronavirus epidemic. However, President Trump and Sen. Mitch McConnell (R-KY) don't appear to be in any hurry to move forward on additional relief measures at this point. SEE ALSO: [10 Things Social Security Recipients Need to Know About Their Stimulus Check]( What will be in the new Democratic bill? While details haven't been released, it's expected to include aid to state and local governments, additional "stimulus checks" (possibly $2,000 per month during the pandemic), more funding for PPP loans, increased unemployment benefits, rent and mortgage assistance and funding for COVID-19 testing. It could also include funding for mail-in voting, hazard pay for front-line workers, rescue aid for the U.S. Postal Service, student loan relief, food stamp increases and money for infrastructure projects. However, don't expect a payroll tax cut or coronavirus liability protection for businesses to be included in the bill, which President Trump and Senate Republicans have respectively demanded for any new stimulus legislation. Investors are feeling a little more confident. A recent Schwab survey of investor sentiment data from affluent investors showed some signs of rising positivity. For instance, the percentage of investors feeling more confident in making investing decisions rose from 39% to 46% week-over-week, and the percentage of investors expecting a bullish market over the next three months improved from 26% to 33%. But does it mean anything for the market? Investor sentiment is just one of dozens of market indicators, but it can have its uses. Consider that if investors are already overwhelmingly negative, it means there's nowhere to go but up, and thus a turn in sentiment could support buying. There's also the opposite case, in which investors are overwhelmingly optimistic and markets are prone to drops. Here, however, investors are far from either extreme, so the uptick in sentiment may be viewed bullishly ... amid a sea of other signals, of course. Free download, [The Kiplinger Letter's Forecast](. No information required from you. SPONSORED CONTENT FROM SMARTASSET [These are Your 3 Financial Advisors in Your Area]( [These are Your 3 Financial Advisors in Your Area]( Finding the right advisor that fits your needs doesn't have to be hard. SmartAsset's free tool matches you with fiduciary financial advisors in your area in 5 minutes. [READ MORE]( RELATED LINKS [The Complete Guide to Decluttering]( [A Silver Lining Among Record Job Loss]( [11 Small-Cap Stocks Analysts Love the Most]( [11 Monthly Dividend Stocks and Funds for Reliable Income]( [Deadline: Use the "Get My Payment" Portal NOW to Get Stimulus Check Faster]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( [Google+]( [Tumbler]( Send this to a friend. [Click here.]( All content ©2020 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to Kiplinger's A Step Ahead, a free resource to help readers navigate special circumstances such as the coronavirus outbreak. If you ever wish to stop receiving this daily service, please [click here to unsubscribe.](