MRNA - Wall Street Breakfast: Mutant Strain Dents Stimulus Optimism
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Mutant strain dents stimulus optimismLawmakers from both parties announced Sunday night that they finally reached an agreement on a $900B coronavirus spending package to bolster the U.S. economy. It would be one of the largest economic relief bills in the nation's history, second only to the $2.2T CARES Act passed back in March. The legislation includes $600 in direct payments to individuals and $300 per week of enhanced unemployment benefits, as well as funding for small businesses, vaccine distribution, food assistance, education and child care. It also covers rental relief and extends the nationwide eviction moratorium through January 31, 2021. The House is expected to vote on the bill today, followed by the Senate, and while that was supposed to be a catalyst for the market's
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Wall Street Breakfast: Mutant Strain Dents Stimulus Optimism