Tuesday, August 4, 2020

Gold Extends Gains, Stocks Slump After Perdue's Stimulus Talks Comments

Gold Extends Gains, Stocks Slump After Perdue's Stimulus Talks Comments Tyler Durden Tue, 08/04/2020 - 14:34 Shortly after House Speaker Nancy Pelosi said she did not expect a stimulus deal this week, Republican Senator Sonny Perdue warned that "Senate stimulus talks may take another two weeks"... And stocks did not like that... as investors reached for gold as a safe-haven... Mitch McConnell also did not help by saying that he did not expect to reach a total GOP consensus on virus relief. Will it really take a market crash to get these guys to agree on something? And this as the Dems widen the goalposts further.  
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