Maximum Carnage: Stock Market Futures Go Limit Down After Congress’ Stimulus/Bailout Package Stalls




from WallStForMainSt

The #CoronavirusBailout hit a hitch as Congress is still incapable of doing anything right.

Senate Democrats block mammoth coronavirus stimulus package https://thehill.com/homenews/senate/4…

Trillion-dollar US economic rescue package crashes in Senate https://www.yahoo.com/news/us-lines-m…

Minneapolis Fed chief: Small businesses need forgivable loans https://www.cbsnews.com/news/minneapo…

‘Unrecognizable’: Experts warn of historic collapse in economic activity https://finance.yahoo.com/news/corona…

Earlier on Sunday, the Coronavirus Stimulus/Bailout Bill from CONgress had ballooned up to $4 trillion dollars from only about a projected $2 trillion dollars a day or two ago and $1.2 trillion dollars earlier last week.

Articles About the Size of Congress’ Proposed MMT QE Stimulus/Bailout Bill Growing Rapidly In 1 Week:
1) Fed will make up to $4 trillion in loans to businesses to rescue the U.S. economy, Mnuchin says https://www.marketwatch.com/amp/story…
2) Coronavirus aid bill includes $3,000 for families, $4 trillion liquidity for Fed: Mnuchin https://www.yahoo.com/news/virus-aid-…
3) Kudlow says coronavirus relief package worth more than $2 trillion https://www.cnbc.com/2020/03/21/kudlo…
4) Trump Pushes $1.2 Trillion Stimulus, $1,000 Checks in Two Weeks https://finance.yahoo.com/news/white-…
5) Here’s where things stand on the White House’s push for a $1 trillion stimulus package https://www.cnbc.com/2020/03/18/coron…

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