The MacroTourist

The MacroTourist

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The MacroTourist
MNUCHIN'S ANNOUNCEMENT
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MNUCHIN'S ANNOUNCEMENT

The 'tourist has a different take on what this means for markets

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Kevin Muir
Nov 20, 2020
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The MacroTourist
MNUCHIN'S ANNOUNCEMENT
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The big news overnight was that Treasury Secretary Mnuchin surprised markets with an announcement that the Trump administration would not be extending all the emergency lending programs. From Reuters:

(Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Thursday that key pandemic lending programs at the Federal Reserve would expire on Dec. 31, put…

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