The postmaster general, Louis dejoy, said on Tuesday that he would suspend certain changes to the U.S. Postal service until after the 2020 election to “avoid any impact on election mail.”. < p > < p > the U.S. Postal Service’s business reform measures to cut costs have raised concerns about mail delivery delays, which could affect the U.S. election in November. In a statement, dejoy said he temporarily suspended “some long-term action plans.”. < p > < p > dejoy did not mention which specific plans to suspend. But dejoy promised in a statement that the opening hours of the post office will not change, the mail processing facilities will not be closed, and the mail processing equipment and mail inboxes will remain in place. “Overtime work has been and will continue to be approved as needed,” he added < p > < p > dejoy is a Republican and a major donor to trump’s reelection Committee. Trump previously claimed, without any evidence, that mailing ballots in the election would lead to a large number of voter fraud. After the outbreak of the epidemic, the fund managers who cashed out of the market re entered the market, and the position index was close to the historical high. Wall Street forecasters are raising their targets every day, even though some of them were bearish four months ago when the stock market was in a downturn. Goldman Sachs, which once warned that bad loans and lower dividends could lead to a second bear market, now expects 6% more room for the S & P 500 index to rise. < / P > < p > although their professional mission makes them afraid to miss the $12 trillion market rise, consistent chanting has become one of the biggest risk factors in the current market. As everyone is forced to buy and buy, positions become crowded. A sentiment index compiled by Citigroup shows that “fanaticism” has reached its highest level since the age of Internet bubble. < / P > < p > “while the new historical closing high will certainly be encouraging,” said Jonathan Krinsky, chief market technical analyst at bay crest partners. “The market is now brimming with optimism, which usually makes it difficult to sustain a series of breakout gains.” Nancy Pelosi, speaker of the U.S. House of Representatives, said people are willing to “halve” the stimulus package in order to reach a rescue bill with Republicans that is crucial to supporting the U.S. economy at a time of the covid-19 crisis. However, an aide to Pelosi later said that was not what she meant. When asked about Pelosi’s statement, Pelosi’s spokesman drew Hammill said in an email that the speaker was referring to her previous stand against the Republican Party, “rather than halving the size of our bill.”. The house of Representatives controlled by < / P > < p > passed a $3.5 trillion stimulus package in May, but the bill was blocked in the Senate. Since August 7, negotiations between leaders and the White House, which supports the $1 trillion stimulus package, have been deadlocked. Pelosi has previously said that if the Republican Party is willing to increase the size of the stimulus package by $1 trillion, it can reduce its own plan by $1 trillion. Matthew Maley, chief strategist at Miller Tabak & Co, said the time was ripe for a correction in US stocks, with a 10% to 15% correction expected in the near future, followed by a return to rally in the fourth quarter. According to Maley, overbought stocks, especially large technology stocks, new anti epidemic stimulus plans, geopolitical uncertainty and concerns about a rebound in the fall’s new crown epidemic have unsettled investors. However, he has a more “constructive” view on the performance of the market in the fourth quarter. Mr. Marley suggested repeating the strategy earlier this year – “immediate cash out” to take advantage of market opportunities in the autumn and maximize profits in the market rebound later this year. < p > < p > Maley said, “in March and April, people who followed our January and February recommendations were very happy We think that if they follow the same strategy, they will be very happy in the next two months The Fed is key here, says Maley. “The Fed’s top priority is the credit market, not the stock market. Only a serious decline in stocks will destabilize the credit market, not a 10% – 15% adjustment. ” < p > < p > Wal Mart’s sales increased in the second quarter due to the spring anti epidemic stimulus check issuance, but as the money was exhausted, the sales data in July showed a decline. < / P > < p > Wal Mart reported strong second quarter results on Tuesday, driven by a 97% increase in e-commerce sales. Doug mcmillon, Wal Mart’s chief executive, said the company’s performance benefited from Americans buying groceries, finding ways to stay entertained during the pandemic and renovating homes. Some of the money comes from government stimulus. However, Wal Mart did not provide a outlook for the rest of the year. Brett Biggs, Wal Mart’s chief financial officer, said in an interview that government stimulus was one of the factors contributing to the uncertainty during the pandemic. “The stimulus has definitely had an impact on consumers in the second quarter, and we’re looking at what’s going on in Washington and the progress of the new stimulus,” Biggs said. I think it will definitely help consumers. ” < p > < p > Canadian Prime Minister Justin Trudeau has appointed chrystia Freeland as Canada’s finance minister and is expected to suspend Parliament to reset its government agenda. Freeland, 52, was sworn in at a ceremony in Ottawa on Tuesday. She also became Canada’s first woman to hold the post, and former finance minister Bill Morneau resigned on Monday amid growing disagreement with the prime minister’s office. Freeland, a former journalist, is arguably the most successful minister in Trudeau’s cabinet after being praised for negotiating a new North American free trade agreement with the United States. Her appointment was welcomed by economists and the business community. In the future, she will face an arduous task, on the one hand, to ensure that fiscal policies support the recovery, and at the same time, to control the size of the deficit when the epidemic crisis is alleviated. The Canadian government expects a record deficit of 16% of GDP this year.