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

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