Package
If Congress somehow manages to reach a deal on a stimulus package before the year’s end, it is very likely that it won’t include stimulus checks. Even if there are no coronavirus stimulus checks, you may still get money from the package in three ways. No coronavirus stimulus checks in next package?Even though many, including President Donald Trump, President-elect Joe Biden and more, have supported calls for more stimulus checks, they are unlikely to be part of the next package. This is bad news for millions of Americans who have been waiting for months for stimulus checks. However, this doesn...
ValueWalk
A stimulus deal before the year end looks highly unlikely now. Yesterday, we reported about a bipartisan effort to break the stimulus logjam. The bipartisan group revealed their $900 billion stimulus package late Tuesday. Senate Majority Leader Mitch McConnell, however, was quick to reject the bipartisan coronavirus stimulus package, dimming hopes of a package and checks before the end of the year.Q3 2020 hedge fund letters, conferences and moreTalks restart, but McConnell reiterates push for targeted billOn Tuesday, McConnell reiterated his push for a “targeted relief bill” this year, and rej...
ValueWalk
Two questions that most people want an answer to are whether there will be a stimulus package and if yes, how much. So far, lawmakers have been answer those questions, but Goldman Sachs analysts think they have answers. Goldman Sachs analysts say lawmakers will likely pass another relief package, but it could be smaller than the previous ones. The analyst also notes that delays in passing a coronavirus relief package may reduce its size, raising questions about another round of stimulus checks.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: delays to reduce package...
ValueWalk
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