MRNA - Wall Street Breakfast: Stimulus Confusion

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. Stimulus confusionThought the latest edition of coronavirus stimulus was a done deal? Guess again. In a surprise video announcement, President Trump called the $892B package a "disgrace" and demanded changes to the bipartisan legislation approved by Congress. Futures wobbled shortly after the broadcast, but it didn't take much for them to erase the losses. Trump specifically took aim at funding headed overseas, and direct payments to individuals and families, but it was unclear if the items would be enough for him to veto the relief package. Bigger picture: The House and Senate could vote to override Trump's decision as the bill passed with a veto-proof majority in Congress, but the process could delay Treasury Secretary Steve Mnuchin's promise that stimulus checks could begin reaching American households

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Wall Street Breakfast: Stimulus Confusion