Interesting article! The main phrase: “Mitch McConnell, Republican Senate majority leader, said late on Wednesday that the proposal had “no realistic path to quickly pass” in the Republican-majority upper chamber of Congress.”
The two run-off races in Georgia will determine who will control the Senate. For the Street the game is simple…
As written in my Outlook, January 5 will be key for the USD and US Treasuries.
If the Congress stays split, Good for the dollar, and the party will continue, the FED not been able to normalize its policy… Not good for Emerging countries.
If the Democrats take all, Not good for the dollar, inflation could bust and FED could force to normalize asap… Good for Emerging countries and our US Infrastructure thematic (visit our website : www.gateadisory.com ).
Stay tuned! I have the strange feeling that we will just have a few days or weeks to make money at the start of the year…
