Gotta love ZERO RISK in the SP500 = $$$

Thor said:
Dax down 4.3%
Ftse down 3.2%

Naz already -0.88% and tomorrow is Friday

Is this a ri$$k free weekend or what :p
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Never know, this weekend they could announce a multi trillion dollar stimulus package and extend enhanced unemployment by $600 a week into 2021, that would lift markets an easy 3%%%% next week. Free money for wallstreet and fed stimulus forever.
 
SunTrader said:
Ted Cruz and the other hardright wingnuts will never vote for it.
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They will right before they go on an extended long august vacation.
You really believe they are going to not vote it in? Like I mentioned it probably will NOT be the full $600 but damn it will be very close. What might happen is the markets might lead into a heavy sell off, this will push them to move faster just so wallstreet isn't spooked. Don't want to let wallstreet down so in reality the stimulus will be passed and any losses in the market while waiting for the stimulus will be erased and markets will trade even higher after the multi trillion stimulus package is passed.
 
Didn’t they say they are starting to worry about the dollar and they want stability?

Aren’t they delaying it so the curve flattens further so the reduction in stimulus has less impact on the market? With the curve now flattening doesn’t that justify winding back the unemployment benefits?

Most countries are winding back stimulus in Q3 so why wouldn’t the US do the same?

The honeymoon period is over, consumers will simply hoard the cash and be less likely to spend due to labor market uncertainty which means the stimulus will be less effective. They know this.

Consumer confidence is shot, giving them more money won’t fix it. They need a job.
 
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S2007S said:
They will right before they go on an extended long august vacation.
You really believe they are going to not vote it in? Like I mentioned it probably will NOT be the full $600 but damn it will be very close. What might happen is the markets might lead into a heavy sell off, this will push them to move faster just so wallstreet isn't spooked. Don't want to let wallstreet down so in reality the stimulus will be passed and any losses in the market while waiting for the stimulus will be erased and markets will trade even higher after the multi trillion stimulus package is passed.
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IMO they will vote for $1-$1.5 trill only
 
lovethetrade said:
Didn’t they say they are starting to worry about the dollar and they want stability?

Aren’t they delaying it so the curve flattens further so the reduction in stimulus has less impact on the market? With the curve now flattening doesn’t that justify winding back the unemployment benefits?

Most countries are winding back stimulus in Q3 so why wouldn’t the US do the same?

The honeymoon period is over, consumers will simply hoard the cash and be less likely to spend due to labor market uncertainty which means the stimulus will be less effective. They know this.

Consumer confidence is shot, giving them more money won’t fix it. They need a job.
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Hold back, when the rent is due and groceries need buying?

May seems like it but not everyone is a millennium influencer raking in Benjamins.
 
SunTrader said:
IMO they will vote for $1-$1.5 trill only
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Probably right, democrats were looking for $3 trillion. Thats a big setback if only $1 trillion goes through ...and i don't think that will be the last stimulus bill. If there are increasing cases of the virus at the start of flu season and unemployment stays in the double digits expect another round of stimulus right after election into 2021
 
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