HedgeHound
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HedgeHound

12182020 :: Friday finance week in review

A partial digest of what we learned:

Will it be $908 billion, or only $748 billion if aid to states and municipalities gets axed to keep COVID-19 lawsuit protections out? The disputes don’t end there. A stimulus package accord may be derailed by sticklers for an irreversible end to Federal Reserve lending programs, much against Powell’s wishes. Then, there’s a lack of agreement over $1,200 checks to households.

It’s probable that traders have priced in at least $908 billion for the next aid bill, whenever it…

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