12 Million Americans Face a Fiscal Cliff This Christmas

Naufal Sanaullah, macro strategist at EIA Alpha Partners, joined to talk about his outlook for the market and the risks he sees ahead as long-term optimism about a covid-19 vaccine seems to be winning out over short-term fear of renewed lockdowns. Catherine Coley, the CEO of Binance U.S., and Nic Carter, the founding partner at Castle Island Ventures, came on to discuss what is driving the massive bitcoin rally that has pushed the cryptocurrency up to the $17,600 mark, a level reminiscent of the bitcoin craze days of December 2017. Then Employ America senior adviser Liz Pancotti joined to discuss her new report put out by the Century Foundation detailing the upcoming fiscal cliffs twelve million Americans will face this December when additional aid from the first stimulus package is cut off.See omnystudio.com/listener for privacy information.