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Stocks Are Typically Immune to Government Shutdowns. Why It's Different This Time.
Barrons· 2025-09-29 10:41
Federal government shutdown deadline looms, September jobs report could be delayed, Tesla reports EV deliveries, and more news to start your day. ...
European stocks open higher; Lufthansa plans to cut 4,000 jobs
CNBC· 2025-09-29 07:58
Stocks listed in Europe were higher on Monday, as investors monitored the impact of a potential U.S. government shutdown later in the week.The pan-European Stoxx 600 was up about 0.3% by 9:25 a.m. in London (4:25 a.m. Eastern time), with most sectors in positive territory.The FTSE 100 had gained 0.4%, with the DAX and the CAC 40 both up about 0.1%.On the corporate front, Lufthansa said its free cash flow would generate over 2.5 billion euros ($2.93 billion) a year as it set earnings targets of 8%-10% over t ...
Our National Guard ‘didn’t sign up for this’: Oregon lawmaker on Trump sending troops to Portland
MSNBC· 2025-09-28 16:05
NBC News has learned that even some Pentagon officials were caught off guard by President Trump ordering the deployment of troops to Portland, Oregon after he slammed the city as war ravaged with ICE facilities under siege by Antifa. Local leaders say that has nothing to do with the reality and they're making it clear they don't want or need any troops in their area. Our city is a far cry from the war ravaged community that he has posted about on social media.And I conveyed that directly to him that we got ...
Chuck Schumer says Trump meeting ‘only a first step’ to avoiding shutdown: Full interview
NBC News· 2025-09-28 13:58
And joining me now is Senate Minority Leader, Democrat Chuck Schumer of New York. Leader Schumer, welcome back to Meet the Press. >> Morning.>> Glad you're in New York. >> Well, we are thrilled to be in New York. Thank you so much for being here in person.We really appreciate it. I have to start off by talking about this big meeting at the White House on Monday. President Trump, all of the congressional leaders.How did it come about. And could this be a sign that you can get a deal done. >> Well, first, how ...
Mark Zandi: From a market perspective, government shutdown is 'no big deal'
CNBC Television· 2025-09-26 16:21
Economic Impact of Potential Shutdown - A short government shutdown (one to two weeks) is unlikely to have a significant macroeconomic or market impact [1] - A data blackout caused by a shutdown would be particularly problematic given the current inflection point in the labor market and the Fed's upcoming interest rate decision [3] - If the shutdown lasts longer than two weeks, it could become a real problem and investors will likely take notice [4] Labor Market Conditions - The labor market is currently weak, with little to no job growth in recent months [3][4] - Businesses have pulled back on hiring, reduced hours, and cut back on temporary jobs, but layoffs remain low [5] - The expectation is for a flat job market, and revisions may show a net loss of jobs [6] Consumer Spending and GDP - Second quarter GDP growth was 380% (原文应为3.8%,此处为笔误) and August personal spending was 6%, both better than expected [7] - Strong consumer spending is attributed to the wealth effect from the stock market, primarily benefiting high-income households [8] - The saving rate has declined, indicating that high-income consumers are spending more aggressively [9] Economic Vulnerabilities - The economy is vulnerable because almost half of all spending is done by the top 10% of the income distribution (making over approximately $275,000-$300,000 per year) [12][13] - If the stock market declines and people start seeing losses, the saving rate could increase, potentially leading to a recession given the lack of job growth [15] - Disturbing data on average FICO scores and collapses in auto subprime financing indicate potential pain for the lower income cohort [11]
Solus' Dan Greenhaus: Government shutdown 'doesn't matter at all' for markets
CNBC Television· 2025-09-26 16:18
Let's continue that conversation this morning with Dan Greenhouse, chief strategist, managing director at Solless Alternative Asset Management, who joins us here at Post9. Happy Friday, DG. Good to see you.So, this uh this week, has it been like a a healthy breather going into a ramp in the year end or is the rally as broad as you would have liked. >> No, the rally is not as broad as I would have liked. It's there's a lot of lowquality and uh bitcoin related names that that have led the way, but but also ho ...
Trump on Comey indictment: 'There will be others'
MSNBC· 2025-09-26 15:16
Who is the next person on your list in this retribution. It's not a list, but I think there'll be others. I mean, they're corrupt.These uh these were corrupt radical left Democrats cuz Comey essentially was a he's worse than a Democrat. I would say the Democrats are better than Comey, but uh no, there'll be others. Look, it was that's my opinion.Uh they weaponized the Justice Department like nobody in history. What they've done is terrible. And so I would I hope there frankly I hope there are others because ...
Kevin O'Leary gives his take on 'complex' TikTok deal's economic opportunities
Youtube· 2025-09-26 02:00
TikTok Deal Insights - The TikTok deal is considered one of the most complex tech deals in history, overseen by a law from Congress and upheld by the Supreme Court [3] - The deal is expected to significantly impact the U.S. economy and is seen as a strong move for the future [3][6] - Oracle is confirmed to be on the cap table, overseeing security from its servers in Texas and West Virginia [5] Market Impact - There is potential for a 30% increase in TikTok's user base as Oracle assures users of enhanced security by removing spyware [7][8] - The deal could disrupt competitors like Facebook and Instagram, as TikTok is recognized for its low customer acquisition cost and high return on ad spend [10] - The possibility of allowing users to own a piece of TikTok is suggested to enhance user engagement and transition [11] International Opportunities - There is speculation about re-entering the Indian market by addressing spyware concerns and leveraging Oracle's infrastructure [12]
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-09-26 01:21
Politicians always threaten to shut down the government.They create mass hysteria. They cause confusion and chaos.And then they strike a deal and the government continues operating.Sometimes the deal happens at the 11th hour, other times it happens 2-3 days after the shut down.It is all noise though.The government couldn't figure out how to keep themselves shut down even if they were paid to do it. ...
X @Forbes
Forbes· 2025-09-25 17:05
The White House’s budget office sent a memo telling federal agencies to prepare for mass firings of workers if a government shutdown occurs next week. This could raise pressure on Democratic lawmakers. (Photo: The Washington Post via Getty Images) https://t.co/jhwcw4QZ83 https://t.co/BJPzwTQiwu ...