Report
US: fiscal stimulus stalled
Four budget debates were submitted to the US Congress this week. One has been temporarily resolved, the other three remain outstanding. At the eleventh hour, Congress passed a funding bill averting a partial shutdown of government offices until 3 December. But there has been no progress on the federal debt ceiling, so the risk of default, however theoretical, remains present in the next fortnight. As for the Biden plans on "infrastructure" and "social and environmental spending",...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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