This is getting old.. reminds me of the tariffs and trade wars with this constant bickering of months and months of garbage.. just sign the fu$king thing and let's move on. Make the enhanced unemployment $300 a week and agree to it. Seems thats the only delay. https://www.cnbc.com/2020/10/05/stock-market-futures-open-to-close-news.html
Neither the Fed nor the Government juicing the money/markets for the next 30 days? How the Hell we gonna survive that??
NY Times: President Trump tweeted on Tuesday that he had instructed his representatives in talks with Democrats over an economic aid package “to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business.” Stocks on Wall Street gave up their gains after the president’s tweet, which accused Speaker Nancy Pelosi of “not negotiating in good faith.” The S&P 500 dropped as much as 1 percent after Mr. Trump’s tweet. It had been up more than half a percent in the moments before.
I am not really in favor of Democrats or Republicans. But I have to admit that Trump is one of the best Presidents for volatility, and thus trading.
Let's forget the political will to pass the stim for a second, optically Trump has just killed his chances at winning. Trump could have gone with the message: I got the American people another round of stimulus, regardless of what is actually in it.
i dunno, i think this puts the spotlight on negative nancy. she wants all the responsible states to bail out the hell holes. the only constituency that wants that wan't voting for trump anyway. trump bump coming.
Nah, it's the state-aid thing. He's really hung up about that. I think the COVID has messed with his mind. Kinda' crazy how Twitter can move a market, eh? Hehe.