The Us Economy Has A 'good Chance' To See More Stimulus Before The Presidential Election, A Fund Manager Says

snagarajan@businessinsider.com (Shalini Nagarajan), Business Insider
Tue, 09/29/2020 - 1:32am

President Donald Trump and Democratic presidential nominee, Joe Biden. Tom Pennington/Getty Images; SAUL LOEB/AFP via Getty Images The US economy has a "good chance" of seeing another coronavirus stimulus package before the presidential elections in November, a fund manager told CNBC on Tuesday.If both chambers of Congress "can strike something that's reasonable on both sides, then we do have a good chance to get something done before the election, or right after, which would benefit both parties and the general economy," Michael Cuggino said.He expects the US dollar to continue weakening alongside an "incredibly good environment" for gold based on current market conditions.

Topics: likely get something done squawk box asia. we democratic joe biden tom pennington/getty saul loeb/afp getty images the us visit business insider permanent portfolio family funds majority leader steny hoyer maryland cnbc's squawk box covid evercore republicans bank of america business insider president donald trump democrat images us cnbc congress michael cuggino august house democrats and october democrats presidential election fund manager economy has a good chance market environment benefit based current reasonable risk strike chambers sides elections told expects volatility continue reasons state parties dollar conditions general gold incredibly deadlocked

Place your ad here
Loading...

BING NEWS:

A Joe Biden election win is a good bet, say presidential bettors
US president Joe Biden is gaining more popularity among presidential bettors and voters as he ascends the ranks on PredictIt and US election polls respectively ...
04/26/2024 - 5:59 am | View Link
Expert: RFK Jr. a longshot to win Michigan, but has a good chance at impacting its outcome
Trump and Biden won the state by less than a percentage point when they took office. And while RFK Jr. is considered a longshot to win the state, experts say he’s got a good chance at impacting it’s ...
04/25/2024 - 12:42 pm | View Link
Trump Says He Has ‘Good Chance’ of Winning New York in November
Donald Trump said he believes he has a chance of winning New York in the Electoral College in November, a longtime goal of the presumptive GOP nominee that has eluded Republicans for 40 years.Most ...
04/25/2024 - 12:28 am | View Link
More

More Movie News

More Business News

Pressure is building on Warren Buffett to pony up as Omaha's single electoral vote could decide the 2024 election
Business Insider, Saturday - 05/04/2024 - 12:58 PM
Warren Buffett, CEO of Berkshire Hathaway. Nati Harnik/APDemocrats are pressuring Warren Buffett to reopen his wallet for political donations. The billionaire's influence could swing results in Omaha, clearing a victory path for Biden. Meanwhile, conservatives are backing efforts to push Nebraska to a winner-take-all system. The pressure is on for Warren Buffett to reengage in political donations — something he's avoided for the last five years.
More | Talk | Read It Later | Share
Congressman appears to praise University of Mississippi students, including one making monkey gestures, who taunted a lone Black
Business Insider, Saturday - 05/04/2024 - 12:48 PM
Pro Israeli activists prepare to confront people at a pro-Palestinian encampment protesting the war in Gaza on the campus of the University of Chicago on May 03, 2024. Scott Olson/Getty ImagesRep. Mike Collins appeared to praise University of Mississippi students for racist chants. A video on X showed students engaging in racial taunts towards a Black war protester.
More | Talk | Read It Later | Share
Search ends for missing crew member who disappeared during around-the-world voyage, report says
Business Insider, Saturday - 05/04/2024 - 12:34 PM
The "Ambience" cruise ship at anchor off Guernsey, Channel Islands, 2023. UCG | Getty ImagesA crew member from an Ambassador Cruise Line ship was reported missing at sea. The ship was sailing from Lisbon to Tilbury, England when the crew member disappeared. The search has now been called off, the BBC reported.
More | Talk | Read It Later | Share
Warren Buffett rings the alarm on AI, comparing it to the atomic bomb and warning it will supercharge fraud
Business Insider, Saturday - 05/04/2024 - 12:01 PM
Warren Buffett. AP ImagesWarren Buffett issued a grave warning about artificial intelligence. The Berkshire Hathaway CEO predicted it would supercharge fraud by making scams far more convincing. The investor likened AI to the atom bomb, saying the world has let the "genie out of the bottle."Warren Buffett has raised the alarm on AI, warning it threatens to supercharge fraud by making scams more convincing than ever."Scamming has always been part of the American scene," the famed investor and Berkshire CEO said during his company's annual shareholder meeting on Saturday.
More | Talk | Read It Later | Share
A catchy propaganda song praising North Korea's authoritarian leader is enchanting TikTok and being compared to ABBA, reports sa
Business Insider, Saturday - 05/04/2024 - 11:59 AM
Kim Jong Un, supreme leader of North Korea, pictured in Pyongyang in 2020. API | Getty ImagesKim Jong Un's latest propaganda song, "Friendly Father," is trending on TikTok. The song is part of North Korea's strategy to embed ideological messages in catchy pop tunes. TikTok, a Chinese-owned platform, could soon be banned by the US.
More | Talk | Read It Later | Share
If you loved 'Challengers', watch these 8 tennis films next
Business Insider, Saturday - 05/04/2024 - 11:28 AM
Josh O'Connor as Patrick Zweig in "Challengers."Niko Tavernise / MGM"Challengers," the new tennis drama starring Zendaya, has already made more than $30 million at the box office. The film focuses on a former tennis prodigy caught in a love triangle with two other players. If you loved the sports drama, here are eight other tennis films you should watch."Challengers," the new drama starring Zendaya, Josh O'Connor, and Mike Faist, has taken the tennis world by storm since it hit theaters last week.
More | Talk | Read It Later | Share

The Us Economy Has A 'good Chance' To See More Stimulus Before The Presidential Election, A Fund Manager Says

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News