Saxo Bank skriver om de to afgørende sager i den amerikanske kongres: Får præsident Joe Biden godkendt sin infrastrukturplan på 550 milliarder dollar, og lukker Kongressen ned for finansieringen af statens finanser? Teoretisk er det sidste en mulighed, men Saxo Bank tror, at en afgørelse vil blive udskudt, som det skete i 2011 og 2013. Infrastrukturplanen kommer til afstemning på torsdag.
Market Quick Take
US stimulus packages/debt ceiling in focus this week –
The situation with the US stimulus packages in play is very complex, but the chief question is whether some progressive Democrats will follow through on threats to vote against the $550 billion infrastructure bill passed by the US Senate if it is not linked with the larger $3.5 trillion social- and climate- spending bill that contains the bulk of their agenda.
House Speaker Pelosi had promised a vote on the bill yesterday, but that has been delayed until Thursday.
On top of this is the debt ceiling issue, with the US financial year ending on Thursday and no resolution passed to continue funding the government beyond that date, which will require a “stop-gap” measure of some kind and an eventual lifting of the debt-ceiling or a US default is theoretically possible some time in October.
This is extremely unlikely, but Congress could uncomfortably extend the suspense until the issues is resolved as in 2011 and 2013.
