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]

YOU CHOOSE WRONGLY. ♪ SHERY: THIS IS "THE ASIA TRADE. " AVRIL: I AM THE MILKEN INSTITUTE ASIAN SUMMIT ON SINGAPORE. A SOFT OPEN FOR ASIA AFTER BULLISH TECH MOMENTUM SAVES WALL STREET FROM LOSSES. OPENAI'S SHARE SALE BLISTERING OPTIMISM ABOUT THE SECTOR. TESLA SHARES GREEN AS INVESTORS BET A RECORD QUARTER OF SALES WILL BE HARD TO REPEAT. AND CRUNCH TIME FOR JAPAN'S RULING PARTY WITH ITS LEADERSHIP VOTE AND LAST CHANCE TO AVOID DRIFTING FURTHER INTO POLITICAL PERIL. AND SOME GREAT GUESTS COMING UP AT THE MIL ...

people don't elect people in Washington to simply co go back to Washington and fight each other and not govern. So, you know, ultimately what has to happen here is elected leaders have to recognize that they have to govern. They're going to have to make some tough choices.Uh we have a huge debt in this country. Uh you know, we trillions of dollars of debt. Neither party wants to deal with that debt.uh and the result is that we have this situation now where both parties are blaming each other for the failure ...

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]

Yeah, I'm in my pajamas because when you are trying to slow the misinformation machine, there's no time to get dressed. I'm here because again, the White House is claiming that Democrats have shut down the government because they want undocumented immigrants to get health care from the federal government. We'll probably have a shutdown because one of the things they want to do is they want to give uh incredible Medicare, Cadillac, the Cadillac Medicare to illegal immigrants. The far-left faction of Senate D ...

Market Trends & Economic Outlook - US stock market is on track for five straight days of gains, with the Dow up approximately 025% [1] - Bond market indicates a lack of concern about risk, with the 30-year Treasury yield well below 5% [2] - The labor market is showing signs of slowing, with muted hiring [1] - The market is pricing in another 25 basis point rate cut in December [1] Company Performance & Sector Analysis - Semiconductors are outperforming, with Intel up almost 4% [1] - Tesla's Q3 deliveries set a record at just over 497000 cars, but shares are down about 4% [2] - DraftKings is considered undervalued, trading at 19 times earnings with 75% earnings growth [5] - AI optimism is boosting stocks, with OpenAI valued at $500 billion in a secondary sale [3] Investment Opportunities & Potential Risks - Foreign direct investment (FDI) of $17 trillion and AI tech spending are acting as stimulus programs [2] - Circular financing in the AI sector may end poorly in the long term [3] - Cannabis stocks are rallying due to potential rescheduling, with Advisor Shares Pure US Cannabis ETF (MSOS) specializing in US multi-state operators [19][25]

Government Shutdown Leaves US Cyber Defenses Weaker, Insiders Sayhttps://t.co/tw3xsiSBXf https://t.co/ek8lnkr1I6 ...

There are three things that Democrats are asking for here. Number one, with the Trump mega bill, there was a lot of health care provisions that passed cuts that were made to Medicaid. Democrats basically want to reverse all of what Republicans just did only a few months ago.Number two, the White House has done a number of what's called rescissions, basically taking funds that Congress in a bipartisan manner allocated to various programs. And the White House said, hey, we're not actually going to use that fu ...

What Air Travelers Can Expect If The Shutdown Drags Onhttps://t.co/NGYcrcQNOO https://t.co/a00tdXj6F2 ...