Stimulus - Only 1,1 trillion will be enacted


And judging by the market's reaction, traders are finally paying attention, and with good reason: according to Goldman, which just last week said it expects a $750BN stimulus to pass in the aftermath of the Democrats' blue sweep after their victory in the Georgia runoff, overnight hiked its assumption for how much stimulus will ultimately pass.

And therein lies the problem, because at a revised $1.1 trillion, Goldman estimate of a realistic stimulus, is just 60% of the number proposed by Biden. And its not enaugh.

https://www.zerohedge.com/markets/goldman-pours-cold-water-bidens-fiscal-plan-sees-just-11-trillion-enacted
Redigert 20.01.2021 kl 17:04 Du må logge inn for å svare