The US Senate has passed the massive $2 trillion stimulus bill aimed at mitigating the negative economic impact of the Coronavirus. Now the bill will move to the House of Representatives on Friday, with the bill expected to pass fairly comfortably. However, the positive sentiment arising from the US Congress seemingly able to agree on a fiscal package of such enormity, has dissipated overnight. Sentiment is looking more defensive with a negative bias once more today. This will be an important first test of the sustainability of the rebound we have seen in the past couple of sessions. The move back into safety comes ... (full story)