With the government shutdown delaying the release of the September employment report, investors’ attention will likely turn to one of the few sources of insight still available right now: the minutes of the Federal Reserve’s pivotal September meeting. Held against a politically charged backdrop, that meeting culminated in the first interest rate cut since December….Read more
Closing Time We’ve become accustomed to government funding debates and the drama as we approach each potential shutdown. Typically, they’re “solved” in the 11th hour. Not this time. For the first time since 2018, the U.S. government shut down due to unresolved funding arguments between Democrats and Republicans. Government Funding Lapses However, this shutdown comes…Read more
As we turn the page to a new month and a new quarter, the focus shifts from monetary policy at the Federal Reserve to political brinksmanship on Capitol Hill and at the White House. The U.S. government’s fiscal year ends on Tuesday, and Washington appears to be barreling toward a government shutdown with no agreement…Read more
