700BN

Goldman Capitulates On “Major” Stimulus, Now Sees Just $700BN Fiscal Aid In Early 2021

Back on September 24, long after we repeatedly said that any hopes for another major stimulus before the election (and certainly after, absent a Democratic sweep) was nothing but a pipe dream, Goldman – which until that point had predicted that Congress would pass a $1.5-$2 trillion fiscal stimulus “shortly” – threw in the towel…