Muted Reaction To $1.9Tn Stimulus
<p>Biden’s long-awaited announcement prompts risk-off. Markets wary of hikes to corporate taxes, minimum wage. Fed’s continued support to limit Gold’s downside. Asian stocks are mixed while US futures are pushing lower, even after US President-elect Joe Biden unveiled his $1.9 trillion fiscal stimulus plan. There appears to be a some ’sell-the-news’ price action in equities, […]</p>
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