Meanwhile, In China

The market remained focused on stimulus talks in Washington Wednesday, with some manner of deal between The White House and Democrats seen as a virtual certainty, not because there's common ground (there's not) or because the US government is functioning properly (it's not), but rather because, as Nancy Pelosi put it during an interview with PBS, "we have to have an agreement". The going assumption for equities (and certainly for gold) is that nobody will risk walking away and leaving Americans

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