How far do stocks have to fall for Washington to take action? You may not like the answer – MarketWatch


Wall Street investors and ordinary Americans have been waiting for Washington to legislate another round of stimulus to support the COVID-struck economy ever since the last one expired, in July. But if Wall Street really wants to get Washington’s attention, it may take a more serious move than the steady grind lower that we’ve seen over the past few weeks, according to one analysis. shows real investor concern that Washington needs to step up ASAP, ” said Nicholas Colas, co-founder of DataTrek Research, in a note out Tuesday.

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