Infrastructure Funding & Political Retaliation - The Trump administration is pausing $18 billion in funding for infrastructure projects in New York City, including the Hudson Tunnel project and the Second Avenue subway, citing concerns about unconstitutional DEI principles [1][2] - The Energy Department will cancel another $8 billion in funding related to projects in 16 states, all of which Kla Harris carried in the 2024 election, with 14 of those states having Democratic governors [4] - Critics, including Senate Minority Leader Chuck Schumer and New York Governor Kathy Hokll, accuse the Trump administration of using these funding cuts as political payback against Democratic states and New York residents [5][6] Government Shutdown & Democratic Strategy - The government shutdown is being used by the White House to target Democratic states and lay off federal workers [10] - Democrats are sticking to their strategy on the shutdown, willing to endure pain to achieve a win on healthcare, specifically Affordable Care Act subsidies [11][12] - There are concerns about how long Democrats can stay united as the shutdown continues and the pain is felt [12] Corruption Allegations & Hatch Act Violations - Congressman Aenclaus raised concerns about corruption, citing the federal government's unusual communication tactics, such as blaming radical left Democrats for the shutdown on the housing and urban development website [13] - The House oversight committee is seeking to enforce the Hatch Act, alleging violations in the government's communication about the shutdown [14]

Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. The US government is shut down. So what does this all mean for Wall Street? In this episode of Stocks in Translation, RSM Chief Economist Joe Brusuelas joins host Jared Blikre and Senior Reporter Allie Canal to discuss the current economic outlook and how it could be impacted by the government shutdown. Brusuelas also offers top insight on Federal Reserve policy, the bond market, and the rol ...

Economic Outlook - The US economy is expected to experience a modest reacceleration, supported by a strong equity market and significant investments in AI and data call centers [4][5]. - The economic data, excluding hiring metrics, has shown improvement recently, indicating a positive trend [4]. Government Shutdown Impact - A government shutdown could lead to the suspension of essential services and key economic data releases, which would create uncertainty in the markets [6][10]. - The potential impact on GDP is estimated to be a drag of one-tenth of one percent per week, manageable in the short term, but could increase significantly if the shutdown extends beyond 20 to 30 days [8][9]. - The timing of the shutdown is critical, particularly around October 12th to 18th, as it may affect the collection of important labor market data [11][12]. Federal Reserve and Monetary Policy - The independence of the Federal Reserve is crucial for maintaining market stability and preventing excessive volatility, especially in fixed income markets [33][34]. - Current discussions suggest that the Fed may be pressured to lower rates, which could pose risks for inflation in the near to medium term [35][36]. - There is a growing belief that the de facto inflation target may be moving towards 3%, reflecting current economic conditions [51][55]. Bond Market Insights - The term premium, which compensates investors for the uncertainty of future interest rates, is rising, indicating increased risk perception in the bond market [24][26]. - The bond market's response to inflation expectations suggests a disconnect between market pricing and public sentiment regarding long-term inflation risks [41][42]. AI and Investment Trends - There is a bullish outlook on AI, with expectations that it will enhance productivity and living standards over time, despite potential short-term market volatility [30][31]. - Major financial institutions are integrating AI into their investment strategies, indicating a significant shift in how investment decisions are made [30].

Market Analysis & Predictions - Discussion of 4-year versus 5-year Bitcoin cycles [1] - Government shutdowns and the rise of A.I are expected to significantly impact job markets [1] - Analysis of PPI (Producer Price Index) data [1] - Consideration of whether 25 basis points (0.25%) interest rate cuts are sufficient [1] - Examination of risk levels associated with the bull market [1] Cryptocurrency & Blockchain - Promotion of Coin Bureau and Into The Cryptoverse YouTube channels for crypto-related content [1] - Recommends diversification of crypto storage [1] - Highlights a new crypto tax rule coming in 2025 [1] - Suggests using Tangem cold storage wallet for secure crypto storage, offering a 10% discount with a promocode [1] Security & Risk Mitigation - Emphasizes the importance of avoiding scams and verifying sources [1] - Advocates for keeping seeds and passwords safe using a StoneBook, offering a 20% discount [1]

Markets aren't missing the government, says @johnauthers. The shutdown's political theater is opening to shrug. (via @opinion) https://t.co/L1DQa0yfnq ...

Healthcare Policy & Political Strategy - Republicans are perceived to be using healthcare as a political game, potentially harming constituents [1] - The Republican healthcare bill is seen as providing tax breaks to billionaires while jeopardizing healthcare for 15 million people and increasing costs for tens of millions more [1] - Democrats propose maintaining healthcare access and fighting for the American people [1] - The Democratic party acknowledges being behind in messaging compared to Republicans, particularly in media presence and influencer engagement [2] - Moderate House Republicans are reportedly considering a year-long extension of healthcare subsidies, facing opposition from the Freedom Caucus [2] Economic Impact of Healthcare Changes - Repealing the tax break could negatively impact even upper-income Americans buying insurance on the ACA exchanges [3] - A 55-year-old couple making $85,000 annually could see their health insurance costs more than triple to $24,535 per year due to Republican legislators' actions [3] - A trillion dollars is projected to be removed from the healthcare ecosystem due to the "big ugly bill" [4] - Reduced funding in the healthcare system could lead to specialist shortages, hospital closures, and increased healthcare costs for everyone [5] Potential Solutions & Concerns - The key is to stand strong with the truth, which is the Democratic proposal is to keep tens of millions of people on their healthcare and lower costs [1] - Federal workers are encouraged to find ways to communicate the impact of the shutdown in a way that resonates with the administration [4] - The focus should be on delivering meaningful solutions for the American people, not just temporary fixes [3]

[Music] Hello and welcome to Asking for a Trend. I'm Josh Lipton and for the next half hour, we are breaking down the trends of today that'll move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. Here's some of the trends we're going to be diving into.Markets seem to be shrugging off this government shutdown. And at the end of Wednesday's session, all major indices did end the day higher. And salary matters, but it's not the only thing on ...

Today on “The Intelligence”: America’s government shutdown, the security flaws of using AI and how to present workplace feuds. Listen now https://t.co/KpeQWveUjH ...

We've had a nice turn in the markets. We are green. We do have the first day of the shutdown. ADP's worst print since March of 23. Lisa Cook is staying on the Fed for now. Bitcoin and gold keep rallying. And here's where we begin Q4. We got a 13.5% gain in the S&P 500 year to date. NASDAQ up 17, the Dow up nine, the Russell up nine as well. Joe Teranova, actually, you know what? Not Joe Teranova. Liz Thomas, I just felt like switching it up on the fly. Sorry. All right, you were about ready to go. >> I feel ...

What is the strategy as we sit here now a few hours into this shutdown from Democrats. Where do they go from here. I love Morning Joe for so many reasons and not just because I get to be a part of this family, but because in the last few minutes, you guys have distilled all of the various talking points that I've heard on every side of this debate.There are people who agree with Joe and Chris who say Democrats are about to launch into a messaging war when the central complaint about Democrats for the last y ...