“I would not preempt the direction of any change."Bank of Spain Governor Jose Luis Escriva tells @KritiGuptaNews that policymakers don’t have a bias toward cutting interest rates at present and could equally end up hiking them instead https://t.co/6P73uiTjPx https://t.co/ofj0LX5y7S ...

Traders are betting on options to deliver bumper profits if the European Central Bank surprises markets and lowers interest rates multiple times by the middle of next year https://t.co/zTUKy8eW2B ...

Copper rose as investors focused on the outlook for Federal Reserve interest rates amid a US government shutdown https://t.co/SCBgyWWgpD ...

🇺🇸 Kansas City Fed study says aging populations and falling interest rates could drive massive long-term demand for assets like Bitcoin between now and 2100. https://t.co/luhNRXt9BS ...

Hungarian PM Orban favors lower interest rates to boost the economy ahead of next year’s crucial election https://t.co/EaPRQFkCkQ ...

We've got Stephanie Link, chief investment strategist and portfolio manager at High Totower Investors as well as a CNBC contributor. Uh she is working. She is not a government worker and she's got data or at least some information to impart to us about how you're thinking about playing this market right now.>> Yeah, we've I've got some data. Um the uh economy, Andrew, is running at 3.8% GDP. in the face of all these unknowns with regards to the government shutdown and tariffs, inflation, geopolitical issues ...

Labor Market & Monetary Policy - The labor market is described as "no-hire, no-fire," indicating a frozen state due to economic uncertainty and potential AI impacts [9] - AI could significantly impact employment, with potential for major disruption, but ultimately beneficial [10][11] - Lowering the cost of capital through interest rate cuts could stimulate business borrowing and spending, benefiting the stock market and creating a wealth effect [12] - The Federal Reserve faces the challenge of balancing unemployment and inflation, with concerns about stagflation [13] - AI has the potential to raise productivity, enabling more growth without increased inflation [14] - Cutting interest rates by 200 basis points could lead to inflation [15] Auto Industry & Trade - The auto industry has not benefited significantly from recent policies, as reflected in stock prices [16] - Stop-start policies on electrification and CAFE standards create challenges for long-term capital and product planning in the auto industry [17][18] - Current policies may incentivize the production of larger, less fuel-efficient cars, potentially benefiting from higher profit margins but creating uncertainty due to policy changes [19][20] - Government intervention in the auto industry should focus on externalities like emissions and climate, using tax incentives rather than complex regulations [21][22][23] - The Chinese auto industry's innovation and cost of production pose a significant competitive challenge [25][26] - Even with subsidies, China may be able to produce better, cheaper cars due to exceptional innovation and cost efficiency [28] - China's large domestic market and rapid adoption of EVs position it as a leader in the transition away from internal combustion engines [30]

🚨 MARKETS: Could Trump's "tariff dividends" actually hurt crypto in the long run?Don Kaufman from @TheoTrade explains why putting cash "out on the streets" is short-term positive for crypto but ultimately "pouring fuel on an inflation fire," leading to higher interest rates. https://t.co/6ndbpyZIIN ...

The Fed has plenty of reasons to worry, but not enough to cut interest rates, says former New York Fed president Bill Dudley (via @opinion) https://t.co/fB0Uagn6Qd ...

Market Impact of Government Shutdown - The market has historically performed reasonably well during government shutdowns [2] - Current market strength is attributed to AI excitement, global rallies, and certainty about interest rates [3][4] - Equity investors may not have the longest attention span, focusing on immediate impacts like the potential for an October Fed rate cut [23] - The equity market is currently placid about the government shutdown, caught up in its own preoccupations [25] Economic Data and Analysis - Government shutdown leads to upgrading the priority and significance of available non-government data [6] - There's a risk associated with relying on non-government data, which may not be as reliable as government data [8] - Economists are focusing on broader themes rather than specific monthly numbers due to data uncertainty [15] - The economic data is deferred, not derailed, but the shutdown highlights changes in the economic profession [17] Debt and Deficits - The US has $375 trillion in debt, a $2 trillion budget deficit, and over $1 trillion a year to service the debt [9] - The government shutdown is fundamentally about spending more money than the country has [10] Impact on Employment - A general rule of thumb is a 01 percentage point impact on the economy for each week of the shutdown [19] - If the shutdown extends beyond October 17th, there could be a significant impact on the October unemployment rate, potentially as high as 48% [19] - The US needs to create 40000 jobs to keep the unemployment rate stable [29]