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本周三件影响股市的大事: 大选, Trump健康, 刺激计划
• With 29 days away from the Nov. 3 election, any reports about President Trump’s health or the outbreak among top Republican leaders may unleash bouts of high volatility. Prospects that the President may be discharged from the hospital as soon as Monday boosted S&P futures and sent the dollar lower in Asian trading. Mitch McConnell said Senate hearings to confirm Amy Coney Barrett will go forward as scheduled.
• The tone surrounding stimulus negotiations turned more encouraging after Friday’s disappointing jobs report lent urgency to break the impasse. House Speaker Pelosi suggested that Trump’s Covid-19 diagnosis might change the tenor of ongoing talks while McConnell said the talks had “speeded up”. President Trump urged another round of aid on Saturday, tweeting from Walter Reed hospital “get it done”.
• With the latest WSJ/NBC News poll giving Biden 14 percentage points lead over Trump, investors may begin to focus more on what a Democratic clean sweep would actually mean for the markets. The views are far from unanimous, with some analysts focusing on potential for a major stimulus spending in 2021 while others highlight concern over Biden’s plan to raise corporate tax to 28%. Kamala Harris may shed more light into Team Biden’s economic policy thinking during Wednesday’s vice presidential debate.