Lack of market turbulence is the key factor preventing Congress from forging a stimulus deal, global strategy chief at world's largest investment firm says

Business Insider

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· *BlackRock's Mike Pyle told Bloomberg that a "chicken and egg problem" could be to blame for why Congress hasn't reached a deal for a new stimulus.*
· *The problem: Markets have already priced in that a deal will be reached, and their lack of turbulence has gotten rid of any urgency Congress has to reach a deal. *
· *The...

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