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Don't remind me again today

Prashant Newnaha, a strategist for Asia Pacific interest rates at TD Securities, has stated that the U.S. government shutdown drama may come to an end this Friday.



Their judgment is that the House of Representatives will vote on the temporary funding plan on Wednesday, and if passed, the government will be able to resume operations on Friday.

During this suspension period, the economy has indeed taken a hit. However, Wall Street generally believes that as soon as the government reopens, economic data will quickly bounce back. After all, it's just a pause button, not a shutdown button.

From a trading perspective, the end of the standstill will definitely be a short-term positive sentiment — everyone can finally relax. However, Newnaha also reminds us that starting next week, the direct impact of this event on the market will weaken, and we should still focus on the fundamentals.

In short, this round of political farce is likely coming to an end.
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NftDataDetectivevip
· 6h ago
just another political theater... market's seen this movie before tbh
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On-ChainDivervip
· 7h ago
Rat tail juice~ Playing tricks again
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ProbablyNothingvip
· 7h ago
Hurry up and finish it early.
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