Economics are Pressuring Congress to Agree to an Aid/Relief/Stimulus Bill Now

Economics are Pressuring Congress to Agree to an Aid/Relief/Stimulus Bill Now

#aid #relief #stimulus #Congress #PresidentTrump #virus $SPY $AAL $DAL “Speaker Pelosi’s comments on a possible shift in the talks prompted US stocks to pare losses. After falling as much as 1.2% earlier Friday, the S&P 500 Index’s decline was cut almost in half after she spoke.” — Paul Ebeling House Speaker Nancy Pelosi expressed optimism […]

“Do Not Expect US Recession From Coronavirus”

“Do Not Expect US Recession From Coronavirus”

Treasury Secretary Steven Mnuchin said he does not expect the coronavirus tipping the US economy into recession, even though growth will slow. “Later in the year, obviously the economic activity will pick up as we confront this virus,” Secretary Mnuchin said Sunday on national television. Secretary Mnuchin spoke as many businesses in the US and […]