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Gather ‘Round Children, It’s Time For A Liquidity Ghost Story
"If Democrats take control of the Senate after the January 5th Georgia runoff elections, our economists expect a larger fiscal package of about $2.5 trillion," Goldman said, in a Friday evening note.
The bank's baseline expectation for stimulus in 2021 is just $1 trillion. The disparity between the two figures underscores just how crucial the Georgia runoffs really are, and it's not just the size of the next virus relief package that's at stake. If Democrats somehow manage to prevail, markets w
Thank you. This gives me a better understanding of what goes into the VIX. I see now that liquidity is a factor. Despite your having written about this before, it didn’t dawn on me until now. Appreciate it.