
Markets and Economy US government shutdown unlikely to materially impact markets
The US government shut down, while governments in Europe and Japan plan to increase spending, which may help support stocks.
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The US government shut down, while governments in Europe and Japan plan to increase spending, which may help support stocks.
The market environment is challenging, but growth and earnings data remained resilient. We expect markets to resume their climb of the “wall of worry.”
With the Federal Reserve cutting rates and recent US economic data showing resiliency, the environment may be conducive to an end-of-year rally.
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