BBUS, page-8154

Agreed - the cut-off/change date's been baked in for months, so the forward-looking market has supposedly seen this and moved on?

The US government had all that time to think about how they were going to transition and yet they seem to have only thought about it only last week. It's such an administrative mess.

The extra $600 on top of usual benefits with many earning more than they did before? Moving to 70% of prior income will be interesting as well - apart from the state by state delays, imagine there will be a lot of gig/low salary workers suddenly trying to formalise the cash exchanges they previously forgot to mention.

https://www.marketwatch.com/story/republicans-want-to-replace-extra-600-unemployment-benefit-with-70-replacement-wages-heres-why-that-could-take-months-to-implement-2020-07-28

There's no way I'm moving to bull at this stage of the game...