NY to ZH – the daily reporting from New York at the start of the US stock exchange.
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Presented by Swissquote
Donald Trump has missed an important opportunity with the presidential debate. The fact that Corporate America is now starting a wave of layoffs makes the situation more difficult, but increases the likelihood of a new economic package. The hope of an early agreement is currently by far the most important factor for Wall Street.
The White House is approaching with an offer of 1.6 bio. The $ 2.2 trillion mark targeted by Nancy Pelosi. Even if both sides agree, the package must be approved by the Senate. A big hurdle, as the Senate spokesman emphasized yesterday.
