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Added on the 22/08/2016 19:53:46 - Copyright : RT Ruptly EN
US stock markets opened with optimism Tuesday, as tens of millions of Americans head to the polls to decide who will be the next US president. According to Markets Insider, analysts say the upward bounce was a reaction to the end of the uncertainty surrounding who will get the top job. Fundstrat's Tom Lee said in a note to clients on Tuesday that the result would rally stocks, regardless of who won. If Democratic nominee Joe Biden wins, Lee expects a 10% rally. A surprise win for President Donald Trump could jolt stocks 15% to 17% higher. Asset manager BlackRock says that from ending political gridlock to producing sorely needed stimulus packages, the outcome could trigger an upturn.
President Donald Trump has changed his thinking, and now says he wants a big stimulus bill passed before the general election on November 3rd. Fed Chair Jay Powell also wants to see one passed and has warned that without one, the US economy's recovery will surely falter. But the Republican-led Senate hasn't passed a new coronavirus relief bill since April 21st, and shows little signs of doing so before the election. According to Business Insider, the GOP is far more concerned with getting the Supreme Court tilted to the right by having Amy Coney Barrett confirmed. For more than five months, Congress has held up a comprehensive stimulus package for tens of millions of Americans and left them in limbo. Senate Majority Leader Mitch McConnell wants a so-called 'skinny' bill, while House Speaker Nancy Pelosi is holding out for far more for the American worker.
Republican presidential nominee Donald Trump says he thinks African Americans are "too smart" to vote for Democrat Hillary Clinton on November 8. Rough Cut (no reporter narration).
Republican presidential nominee Donald Trump accused his Democratic counterpart Hillary Clinton of selling "about 20 percent of America's uranium supply to the Russians," while campaigning in Akron, Ohio, on Monday.
The representatives of Judicial Watch, a right-wing government transparency group, appeared outside the E. Barrett Prettyman United States Courthouse in Washington DC, Monday, following the decision to release 15,000 emails of Democratic presidential nominee, Hilary Clinton, before the general elections in November.
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