Why Wall Street Is Predicting a Stock Market Boom in 2021 | Opinion

Why Wall Street Is Predicting a Stock Market Boom in 2021 | Opinion

Happy holidays, my friends. In the spirit of the season, I'll try not to be too negative. No asking questions like, What really happened to Lindsey Graham? Or, did Zoom kill the snow day? Or "If Texas does secede from the union, can we keep Austin?" So let's get started. This week in On the Street, we'll have a look at all that "bullishness" on Wall Street (or something else that starts with a "B"), the greening of big business and a holiday song from the Chuck Berry archives. But first, the latest on the Republicanized COVID-19 relief package:U.S. Rep. Alexandria Ocasio-Cortez (D-NY): The COVID bailout package? Not enough help for the people who really need it.

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Fingers Crossed: As I write this very early Sunday morning, there's a reported compromise over the $900 billion COVID relief package—all this despite Senate Leader Mitch McConnell's pulling-the-football-from-Charlie Brown act. For some reason, Republicans, at the last minute, demanded the bill limit the powers of the Federal Reserveto deal with an economic crisis in the future. You know, like a deep recession during a pandemic. (Read here for the latest.) So here's what it looks like now: the legislation, if passed,