Advertisement
Anonymous
The House voted overwhelmingly Monday to increase COVID-19 relief checks to $2,000, meeting President Donald Trump's demand for bigger payments and sending the bill to the GOP-controlled Senate, where the outcome is uncertain.
2
Discussion (2)
Learn how to style your text
Yifei
29 Dec 2020
Investment Analyst at FDF Asset Management
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Market sentiment alr do not expect the $2k to clear Senate. Rep leader Mitch Mcconnell is bent on going against House majority Dems so likelihood of the 2k passing Senate is slim. So in this aspect, Senate not passing the check is alr priced in based on market, and shouldn't cause much movement. HOWEVER, IF Senate surprisingly passes the 2k, then the stocks market will jump on upside.