Supreme Court fight after Ginsburg's death shapes banks' economic outlook

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President Donald Trump's bid to quickly fill the U.S. Supreme Court vacancy left by Friday's death of liberal Justice Ruth Bader Ginsburg could ...

President Donald Trump's bid to quickly fill the U.S. Supreme Court vacancy left by Friday's death of liberal Justice Ruth Bader Ginsburg could end the already remote chance of a pandemic relief package before the election, bank analysts say.

But it may raise the odds of a Democratic sweep in the Nov. 3 election, which would likely mean a bigger stimulus package afterward to fight economic impacts of the coronavirus."The Supreme Court vacancy is likely to motivate the political base of both parties and will displace the coronavirus and geopolitical tensions with China as a dominant topic in voters’ minds," UBS economists wrote in a note over the weekend.

 

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