White House Economic Advisor Larry Kudlow said Monday that there are many talks about the coronavirus aid bill, adding that the odds of reaching a deal are improving, according to Reuters reported.
Additional conclusions
“The US economy is much stronger than the last employment report.”
“There are threats to the V-shaped recovery regarding the coronavirus.”
“The Trump administration is willing to invest more money for the distribution of the coronavirus vaccine and schools.”
“The problem-solver aid bill is much more reasonable than the previous major proposals from Democrats.”
“No tax increases are expected next year.”
“There will be a peaceful transfer of power.”
Market reaction
These comments did not improve risk sentiment. At time of writing, the S&P 500 Index was down 0.3% on the day to 3,688.
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