
Leadership Struggle (And Revisiting The Austin Powers World)
Risk appetite appeared to wane a bit Thursday with stimulus talks still deadlocked in Washington. At this juncture, Nancy Pelosi and Steve Mnuchin are having a hard time agreeing on what was and wasn't said during a phone call between the two on Wednesday. That would appear to bode ill for a breakthrough.
Still, the market's base case remains a compromise and I suppose that until the stalemate starts bumping up against the assumed limits of the emergency funding Donald Trump plans to use for th