StockMarket.news >>> Shutdowns don’t mean every federal worker goes home.
In fact, the majority keep working but many do so without pay. Defense alone accounts for over 800,000 employees, with nearly half exempt to maintain readiness. Veterans Affairs and Homeland Security also keep most staff on the job. By contrast, agencies like Treasury, Agriculture, and Commerce see heavier furloughs, meaning critical services like tax processing, farm programs, and trade oversight grind to a halt. All told, nearly 900,000 workers could be directly furloughed this time, while millions more are forced to work without pay, highlighting just how disruptive a full shutdown really is. Source: stockmarket.news
The federal government has officially shut down after Congress failed to pass short-term funding
Source. ABC News
FedWatch shows a 92.5% chance of a 25 bps Fed rate cut in October.
Source: CME FedWatch
gold just had its best monthly performance since August 2011...
Source: zerohedge
Dollar seasonality
Now is the time to buy the dollar, at least from a seasonality point of view Source: The Market Ear
Sign of strength of markets
Source: Ryan Detrick
Global Debt hits new all-time high of $338 Trillion 🚨🚨🚨
Source: Barchart
Small cap junk stocks have beaten quality stocks so handily that we are at Dot-Com bubble performance gaps.
In the last 6 months, the small cap Russell 2000 index, which has a ton of money-losing companies, beat the higher quality S&P 600 by 6.4%. That is equal to April 1999. Source: Jeff Weniger
