With Or Without You The lyrics to one of U2’s most well-known songs include a line that goes, “I can’t live, with or without you.” During this government shutdown, that’s how the market feels about government economic data — or lack thereof. As the longest shutdown in U.S. history comes to an end, we are…Read more
The government shutdown, now the longest in U.S. history, has dragged on for over 40 days. And now, having already missed one paycheck, hundreds of thousands of federal workers are set to miss another one. Beyond the direct and painful hit to families, the blow to consumer incomes risks derailing consumer spending, which accounts for…Read more
Speed Bumps Markets have been bumpy in recent days, which inevitably increases the chatter about risks of a deeper pullback. Investors are left to decide whether they believe this is a short-term shakeout in a bull market or something more ominous. The warning signs of late: S&P 500 -2.3% in the past week, gold -10%…Read more
