Good news is coming in frequently, which should also be the main reason for today's rise.
The market has clearly raised its short-term optimistic expectations, but this is just the beginning; the main events are still to come:
1. Release the consolidated new version of the text;
2. Democratic and other swing senators review the ethical clauses;
3. Obtain 60 votes to advance the motion, overcoming potential lengthy debates;
4. The Senate passes the revised text;
5. Since the Senate version differs from the version already passed by the House of Representatives, the House must re-approve;
6. Finally submit it for the President's signature.
This is the first step on a long march, so at this pace, it doesn’t seem likely that legislation will be completed within the year.
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