Skip to main content

Jim Cramer Says a Wall of Cash Coming Into the Stock Market

Publish date:
Video Rating:
Video Duration:

Could we have a stimulus bill today?

POLITICO's Jake Sherman reported that that's a possibility.

"Hill negotiators are on the brink of a $900 billion coronavirus rescue package that would include a new round of direct payments but would leave out state and local aid, and a liability shield," Sherman tweeted this morning. 

This comes after negotiations in Congress on a coronavirus relief bill have dragged on for weeks, but this progress comes during two rounds of meetings between House Speaker Nancy Pelosi and bipartisan congressional leaders.

Senate Majority Leader Mitch McConnell, following a late-night negotiating session Tuesday with Pelosi, told reporters he was "optimistic that we’re gonna be able to complete an understanding sometime soon.” Senate Democratic leader Chuck Schumer and House Minority Leader Kevin McCarthy also took part in the talks, as did Treasury Secretary Steven Mnuchin by phone, wrote TheStreet's Joseph Woelfel.

Watch: Everything Jim Cramer Is Watching in the Markets Wednesday

Latest Videos From TheStreet and Jim Cramer:

Related Videos