December 10, 2022

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US infrastructure deal could come today

1 min read

Report that a deal is close

From Bloomberg’s Erik Wasson:

Report that a deal is close

I expect that a deal is largely priced in at this point but, if anything, I suspect this will be a positive catalyst rather than a ‘sell the fact’ kind of move. The much larger factor will be the bill Democrats are working on via reconciliation. That’s a major unknown.

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