Monday Gridlock… Leave it to Congress to find a way to not rise to the occasion. The Senate’s failure to keep reach an agreement over the weekend on a fiscals stimulus package appeared to derail any hopes of starting the week on a positive note (despite the Fed’s best efforts). Now word coming out moments ago the two sides have again failed to strike a deal have US indices heading lower once more after attempting to rally. US virus cases continue to grow rapidly (with NYC as the epicenter), but even as more states prepare to issue stay-at-home directives, President Trump is reported to be having reconsidering the federal govt’s guidance on social distancing. The Dow earlier erasing all of its gains since the 2016 election night surely has something to do with the case of cold feet…..
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