UBS On-Air: Paul Donovan Daily Audio 'Fiscal stimulus would fight fear'




UBS On-Air show

Summary: US President Trump tweeted support for fiscal stimulus over the weekend, which may argue for a more generous package. However, so many Republican senators have contracted the virus that the Senate will not be voting on anything for two weeks. The delay may allow fear to increase in the economy, as consumers are only likely to be reassured about the consequences of unemployment when stimulus money is in their bank accounts.