On 11th Aug, the Senate passed the Infrastructure Bill by 69 to 30 votes; the amount is US$ 1 Trillion, the largest infrastructure ever. Dow Jones immediately broke the record high, but reached the peak on 16th Aug of 35631.19 points and started the adjustment. House then was in adjourning and people worry that they need to pass the bill of raising the debt ceiling first.
Since it’s the largest, so definitely is the most important bill. Especially people are counting the dates of Tapering of Federal Reserve. So what would happen after Tapering? Can the US economy stand on its own? If the bill passes later, will there have a gap for falling?