"A pair of Democratic Senate wins in Georgia has given new life to a proposal for a $2000 stimulus payment."Rev. Raphael Warnock and Jon Ossoff's victories gave Democrats effective control of the Senate and Chuck Schumer, D-NY, is expected to become Senate Majority Leader. Schumer has long supported the increased stimulus and said a higher payment will be one of his top priorities."
"The S&P500 will climb another 10% as the Democrat-controlled government passes new stimulus, Credit Suisse says."Democrats' upcoming control of the US Senate paves the way for a new fiscal stimulus and healthy stock-market returns throughout 2021, Credit Suisse analysts said."The team led by Jonathan Golub lifted its 2021 S&P500 price target to 4,200 from 4,050 in a note to clients, implying a roughly 10% rally from current levels. The bank expects the index's earnings-per-share to climb to $175 this year and reach $200 by the end of 2022."