Kevin Pando @Kevin_Pando: "🚨 U.S. Government Shuts Down:..."

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🚨 U.S. Government Shuts Down: What It Means for Markets The U.S. has officially entered its first federal government shutdown since 2018–19, after negotiations between President Trump and Democrats broke down without a compromise. At 12:01 a.m. ET, federal agencies began implementing contingency plans, sending hundreds of thousands of workers home. Key economic consequences are already looming: the Bureau of Labor Statistics will suspend operations, delaying Friday’s highly anticipated jobs report. Other agencies, including the Census Bureau and the Bureau of Economic Analysis, will also halt data releases, leaving investors with fewer signals to gauge the state of the economy. Markets must now weigh two major risks: - The duration of the shutdown - prolonged gridlock could amplify economic disruptions. - New tariffs – 100% duties on certain pharmaceutical products and 25% tariffs on heavy-duty trucks take effect today, with more levies scheduled in the weeks ahead. While Social Security checks, Medicare, and mail delivery continue, sectors tied to government contracts and consumer confidence could feel pressure if the shutdown drags on. For the Fed, the absence of official data may complicate its rate-setting meeting at the end of October. For investors, the “question of the hour” is how long Washington’s stalemate lasts and whether further policy moves, from tariffs to spending cuts, deepen market volatility. 📊 How do you think markets will react if the shutdown extends beyond a few weeks? $SPX500 $VOO (Vanguard S&P 500 ETF) $AAPL (Apple) $TSLA (Tesla Motors, Inc.) $AXP (American Express CO) $NKE (NIKE) $AMZN (Amazon.com Inc) $NVDA (NVIDIA Corporation)