chinacat
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AAPL Long since 2006
Posts: 4,433
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Post by chinacat on Dec 26, 2020 7:53:36 GMT -8
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Post by archibaldtuttle on Dec 27, 2020 7:52:06 GMT -8
Looks like Trump is vetoing the government funding / stimulus bill. It could mean a government shutdown this week, as well as an economic downturn ahead. Short term pain.
If Democrats win both senate seats in GA on Jan 5, they will likely have the votes to pass more stimulus. If they don’t, Mitch McConnell will likely block any stimulative bills that Biden puts forward.
Sorry for the politics, but politics affect the market. Especially these days.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,433
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Post by chinacat on Dec 27, 2020 8:56:15 GMT -8
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Post by archibaldtuttle on Dec 27, 2020 20:39:29 GMT -8
Looks like Trump is vetoing the government funding / stimulus bill. It could mean a government shutdown this week, as well as an economic downturn ahead. Short term pain. If Democrats win both senate seats in GA on Jan 5, they will likely have the votes to pass more stimulus. If they don’t, Mitch McConnell will likely block any stimulative bills that Biden puts forward. Sorry for the politics, but politics affect the market. Especially these days. He signed the bill, Monday futures up.
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