The economic impact of government shutdowns in America has been limited in the past. But a few wrinkles in today’s economy and a larger change in politics could complicate things https://t.co/fZgJWVvOUn ...

Republicans are using the government shutdown to carry out plans first outlined in Project 2025, says @Erika_D_Smith (via @opinion) https://t.co/xmZyJudyfH ...

Core Insights - The article emphasizes the importance of reliable information sources for investment decisions [1][2] Group 1 - The information provided is intended for informational and educational purposes only, and should not be construed as an offer or recommendation to buy or sell securities [1] - The data has been obtained from sources believed to be reliable, but there is no guarantee regarding its accuracy or timeliness [1] - Historical investment performances do not guarantee future success or performance [1] Group 2 - Real-time prices and ownership data are sourced from Nasdaq and LSEG, respectively, while estimate data is provided by FactSet [2] - Various trademarks related to Investor's Business Daily are mentioned, indicating the brand's presence in the financial information sector [2]

Government Regulations & Policy Updates - The Small Business Administration (SBA) issued a new procedural notice on Sept 30 [1] Industry Focus - The procedural notice was issued despite the government shutdown [1]

Unemployment Benefits - Goldman Sachs 分析显示，上周美国失业救济申请略有上升 [1] - 该分析基于联邦政府关闭期间发布的州级申请数据 [1]

Paul, we have to start with the geopolitics here because there's a lot of them, as we were just speaking to Peter about. Does the shutdown risk Trump all of that pun not intended. I don't think it matters really very much at all from what we're seeing so far, Kristie.If you look at global equity markets, they just continue that much higher. It's really all about this air and air enthusiasm. And we're feeling that particularly strongly in Asia this week.We've had some Oatman from open air kind of moving arou ...

Market Trends & AI Impact - AI optimism lifts Wall Street to fresh records, with investors cheering AI alliances and hoping for profit translation from billions pouring into the sector [1][46] - The AI effect is lifting markets in Asia, with impressive gains seen in chip sectors like Fujitsu and Hitachi, driven by partnerships with OpenAI [6][7] - OpenAI's valuation reached $500 billion, signaling strong optimism in the AI space and driving gains for chip-linked companies like NVIDIA and AMD [25][48] - The AI rally continues to fuel stocks globally, not just in the US [45] Economic Indicators & Monetary Policy - US equities trade at all-time highs, seemingly unfazed by the ongoing US shutdown, with investors focusing on the length of the shutdown [11][12] - US 10-year Treasury yields slipped lower throughout the week, trading below 410%, indicating expectations of potential rate cuts [3][49] - The Yen is seeing a weekly gain of 12%, with potential for further strengthening to the low to mid 140 levels in the coming weeks due to hawkish comments from the BOJ governor [10] Energy Market - OPEC-plus is discussing accelerating the pace of putting back oil barrels to the market, potentially as high as 500,000 barrels over the next three months [5] - WTI has hit a four-month low due to pressure on the energy complex, driven by expectations of increased oil supply [5][51] Geopolitical & Social Issues - Unrest in Morocco turns deadly, with thousands protesting poor public services and heavy spending for the 2030 Football World Cup [2][47] - Morocco has earmarked nearly $35 billion for infrastructure spending and stadium construction for the 2030 FIFA World Cup, while facing issues like healthcare and unemployment [36] - Trump administration is weighing slashing thousands of federal jobs, increasing pressure on Democrats to end the government shutdown [11][46] Company Specific News - Tesla's shares slipped despite record quarter deliveries, with subsidies potentially weighing on the automaker's outlook [1][24] - Boeing's 777X jet is now slated to fly commercially for the first time in early 2027 instead of next year, potentially leading to billions of dollars in accounting charges [23]

Market Trends & Opportunities - Bullish tech momentum saves Wall Street from losses, OpenAI's share sale boosts sector optimism [1] - Japan's equities rally continues, driven by optimism for political stability after elections and potential BOJ rate hike [1] - Private credit markets are booming, considered a $17 trillion industry, but Fitch indicates bubble-like attributes [5] - AI is expected to boost productivity, but evidence is skimpy, with U S productivity growth around 2% annualized, close to the long-term average [2] - Data centers are an interesting area for PIMCO, with big deals in the U S and Europe seen as the next frontier [38] Risks & Challenges - U S government shutdown risks revive steepener trade, potential impact on economic output is a few basis points of GDP [1] - Fiscal prudence is declining globally, with concerns about secular inflation and fiscal profligacy in the U S and Europe [2] - Japan's LDP does not have a majority in either block of parliament, raising concerns about cutting the consumption tax and increasing Japan's debt [3] - EU is considering hiking steel import tariffs to 50% to align with U S policy in response to cheaper alternatives from China [4] - Sloppy underwriting in dealmaking is a concern, with questions about collateral quality and the return of capital [48][49] Company Performance & Strategies - Tesla shares are green as investors bet a record quarter of sales will be hard to repeat [1] - Goldman Sachs is active in private credit in Asia for over 25 years, seeing renewed interest from private equity firms in Japan [6] - PIMCO is working alongside banks, taking some of their loans into private credit strategies, creating a more resilient credit market [25][26] - LG Energy will start sending South Korean workers back to the U S for essential business trips after detentions [8]

Government & Economy - Elected leaders must govern and make tough choices [1] - Both parties are to blame for the failure to govern [2] - The economy will bear the largest price for the government shutdown [2] National Debt - The country has trillions of dollars in debt [1] - Neither party wants to deal with the huge debt [1]

Government Spending & Shutdown Costs - Government shutdowns can cost taxpayers money [1] - A 2013 shutdown led to an estimated $10 million loss due to uncollected fees and charges [2] - Back pay to furloughed employees during the 2013 shutdown amounted to $25 billion [2] Discretionary vs Mandatory Spending - Congress controls approximately $18 trillion in discretionary funding for fiscal year 2024 [3] - Mandatory programs like Social Security, Medicare, and Medicaid cost $41 trillion in the same fiscal year [3] - Interest payments alone totaled $881 billion [3] Economic Impact - Shutdowns can be quite expensive for American taxpayers due to their impact on the economy [3]