Goldman Sachs on US stimulus talks – a deal doesn’t seem particularly close

Analysts at the investment banks are not bullish on a resolution soon, saying:

 

  • Some of the biggest issues remain unresolved 
  • the thorniest issues – fiscal aid to states and liability protections – are still outstanding

 

there is

 

  • no indication that differences have narrowed since last week

 

and

 

  • a deal doesn’t seem particularly close

 

If you look across various ‘risk’ assets during the Asian session here you’d have to say they disagree with GS?