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US Economic Optimism Returns On Vaccines, Stimulus Checks, Dow Jones: IBD/TIPP
Americans have turned slightly optimistic about the outlook for the U.S. economy as the vaccine rollout, stimulus checks and new highs for the Dow Jones ease the hit from Covid-related restrictions and layoffs. The IBD/TIPP Economic Optimism Index rose 1.1 points to 50.1, peeking above the 50 neutral level, even as the pandemic's toll reaches new heights. On Dec. 27, President Donald Trump signed a $900 billion stimulus package, adding $300 to unemployment benefits and giving $600 checks per person to low- and middle-income households. The bill also extended an eviction moratorium and provided more funds for ... (full story)
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