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Fruzzetti: The shutdown doesn’t always have huge economic implications
CNBC Television· 2025-10-03 12:42
What do you make of the uh shrugging off of the government shutdown and its impact with markets now at record highs. Well, the reality is, you know, the shutdown uh doesn't necessarily have huge economic implications at times. There's definitely been some market implications.Um, but the reality is is uh, you know, I think the labor market softening, lower interest rates and strength of the higher income consumer may help, but I think it's going to be choppy until some of these stimulus effects kick in in ea ...
Fruzzetti: The shutdown doesn't always have huge economic implications
Youtube· 2025-10-03 12:42
What do you make of the uh shrugging off of the government shutdown and its impact with markets now at record highs. >> Well, the reality is, you know, the shutdown uh doesn't necessarily have huge economic implications at times. There's definitely been some market implications.Um, but the reality is is uh, you know, I think the labor market softening, lower interest rates and strength of the higher income consumer may help, but I think it's going to be choppy until some of these stimulus effects kick in in ...