Global Markets

Republican plan includes $333 billion in spending on business subsidies, including a revised version of the PPP.

2020 bankruptcies were already at their highest level since 2009, and analysts think a bigger wave is on the horizon.

Many fret that capital is being routed to businesses that will underinvest in growth for years, even if they recover enough to fully pay the interest on their debt.

How the end of federal aid programs will impact the economic recovery remains to be seen.

However, many companies are still struggling.

Trump tweeted that "immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business."

A number of forces may come together to end the frothy house party ... perhaps as soon as early 2021.

Covid recovery will require additional fiscal stimulus, he says, but prospects look dim for a package to pass before the election.