Live to fight another day… Pandemic Pandemonium…Policy stimulus is supportive in general, but seemingly not enough until we get the so-called Corona pandemic under control. The House of Reps is expected to announce an economic relief package including insurance, paid sick leave, and family and medical leave in the bill today. However, The Dems don’t love President Trump's tax cut proposal ("non-starter”). Oh well. But markets are not feeling any relief. Only a select, expected few -- USD, Bonds and The Vix (and nat gas actually) are in the green.
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