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Thursday, December 17, 2020

Deal Day

 https://www.zerohedge.com/markets/deal-day


News that US Congressional leaders are nearing an agreement on a coronavirus relief deal of around USD 900 bln has sparked even more optimism in the markets.  Stocks were higher across the board overnight with several indices sitting close to record highs and the DXY USD index falling to a two year low.

If recent indications from US initial jobless claims and payrolls data were not convincing enough, yesterday’s release of November retail sales data provided further evidence that the pace of the US economic has been slowing.  Between July and September this series was producing record levels of growth, by contrast the November headline rate dropped -1.1 m/m underscoring the need for further fiscal support from the US government.  Among other measures, the new fiscal package will reportedly feature payments of USD300 /week of enhanced unemployment insurance o


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Pathetic ANERICANS WANT JOBS not checks in the mail you morons.. But these Two ELDERLY FOLK seem to think they know whats best for us.  These fools will play out this CONVID fraud to bail out their friends while tossing you scraps from their dinner table  

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