What impact does the U.S. government shutdown have on investor sentiment?
Despite the shutdown, investors remain largely unfazed, with equities hitting new highs.
Markets / Equities
Stock index futures showed little movement as Federal Reserve Chair Jerome Powell refrained from commenting on the economic outlook or monetary policy at a recent Federal Reserve event. Investors are closely watching for any signals regardi...
Stock index futures were largely unmoved on Thursday as investors parsed the silence from Federal Reserve Chair Jerome Powell regarding the economic outlook and potential shifts in monetary policy. The market continues to price in expectations for future rate cuts, but without clear guidance from the Fed, conviction behind these expectations may be wavering slightly. The market's resilience is also evident in the fact that global equities continue to reach new highs, despite ongoing political uncertainty in the U.S., including a government shutdown.
Despite the shutdown, investors remain largely unfazed, with equities hitting new highs.
Jerome Powell did not address policy, but investors still expect U.S. rate cuts, though conviction may have slightly weakened.
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