coronavirusstimulusdeal
Commenting on the strength of the stay-at-home stocks and today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more The Strength Of The Stay-At-Home StocksThe major indices are mixed and flat at midday following a cautious start to the week on Wall Street amid the continued surge in the number of COVID cases in the U.S. Cyclical issues pulled back in early trading but the Nasdaq added to its gains from Friday, hitting yet another all-time thanks to the relative strength of the key "stay-at-home" stocks. Trading activity has been relatively lig...
ValueWalk
Negotiations over the next stimulus package have been ongoing for over three months now, but with no results so far. In a final push to get the deal done before the election, House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin talked again on Monday on the coronavirus stimulus package, including checks, but failed to reach a final agreement.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Pelosi, Mnuchin fail to reach dealPelosi and Mnuchin, who had last talked on Wednesday, were unable to resolve the differences on Monday. The two sides have still not ...
ValueWalk
The ongoing negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were seen as the last hope of a coronavirus stimulus package before the election. However, the two sides now are accusing each other of moving the goalposts in the negotiations, suggesting there would be no coronavirus stimulus package and checks before the election.Q3 2020 hedge fund letters, conferences and moreCoronavirus stimulus checks: Pelosi, Meadows accuse each otherOn Sunday, Pelosi and White House chief of staff Mark Meadows traded accusations over the failure to reach a consensus on the...
ValueWalk
Commenting on Pelosi announcing a 48-hour deadline to reach a stimulus deal and today’s trading Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreNancy Pelosi Announces A 48-Hour Deadline To Reach A DealThe major indices are all trading slightly lower at midday despite a bullish start to the week as stocks gave back their early gains in choppy trading this morning. Investors continue to focus on the ongoing stimulus talks following House Speaker Nancy Pelosi's announcement regarding a 48-hour deadline to reach a deal before the elections. The talks are s...
ValueWalk
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