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Posts Tagged ‘ Shutdown ’

Another Government Shutdown?

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Another Government Shutdown?

From CNBC: White House instructs government agencies to prepare for shutdown The Trump administration instructed federal agencies to get ready for a possible government shutdown as Congress moved closer to the midnight Thursday deadline without passing a funding bill, CNBC confirmed. An Office of Management and Budget official said the office is preparing for...
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WSJ: “Shutdown Upends Timing” of Taper

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WSJ: “Shutdown Upends Timing” of Taper

From Jon Hilsenrath at the WSJ: Fed Unlikely to Trim Bond Buying in October The Fed is unlikely to start curtailing its bond buying at its next policy meeting Oct. 29-30. Fed officials have said the decision depends on how the economic data evolve, but the data won’t be very illuminating into November because...
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Sunday Night Futures: The Shutdown and the Damage Done

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Sunday Night Futures: The Shutdown and the Damage Done

From MarketWatch: Shutdown puts health of economy on ice Some economists figure the dispute will only shave a few ticks off growth in the fourth quarter, which began at the start of October. Others see a deeper impact owing to the hesitancy of consumers and businesses to spend in the midst of yet another...
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Shutdown End Guess: Congress doesn’t want to miss Recess!

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Shutdown End Guess: Congress doesn’t want to miss Recess!

My Guess: Since Monday, October 14th is Columbus Day (A Federal holiday), and the week of October 14th through October 18th is a “Constituent Work Week” (aka recess), it makes sense that the agreement will be reached late Monday (the stock market is open on Monday).  Take it to the limit, and than tell...
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