The failure of trump from the signing of the law on the allocation of the $ 900 billion of aid could derail the markets

2020-12-23 12:05:31
Machine translation
The failure of trump from the signing of the law on the allocation of the $ 900 billion of aid could derail the markets

President trump has not signed the bill to allocate $ 900 billion to support the U.S. economy in a pandemic Covid-19, agreed on Monday by the Congress after 5 months of negotiations between respublikanskyi and Democrats on the amount and direction of aid. On Twitter trump called "ridiculously low" provided the stimulating payment in the amount of $ 600 and urged senators to amend the bill to increase it to $2000.

 

the New bill provides for the allocation of $ 900 billion to households and businesses and $ 1.4 trillion government funding until September next year.

 

the President trump has signed a resolution extending government funding until December 28, as the validity of the previous ended in the night of December 22. It is possible to avoid stopping the operation of the power (to shutdown).

 

Recall that in the spring 2020 in the United States was adopted the law on the allocation to help the economy 2.2 trillion dollars, has become the main factor of growth of stock indices and commodities futures, since a significant increase in funds in the domestic market increased speculative component in the stock exchanges.

 

Investors expect that the new aid package will continue to stimulate commodity markets and shares. However, the failure of the signing of the law could not only deprive additional funds, but to stop the financing of public institutions.

 

Today the markets will be traded under the pressure of negative news, which, coupled with low activity exchanges at the end of the year and the attempts of traders to exit long positions and take profits, could significantly derail the markets.

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