The immediate shutdown threat has been averted, although the issue of war funding remains unresolved for President Biden. The question remains: is the political gridlock alleviated? Read our brief take below
Policy Watch: Speaker McCarthy is out – what happens to the Spending Bill?
After a series of eventful days on Capitol Hill, we present our key takeaways below. We remain committed to covering and sharing our perspective as the situation continues to evolve.
Something for your Espresso: Waiting for a German restocking cycle amidst a shutdown
A crucial week is ahead of us in global macro as the only remaining bastion in the global economy may be heading into a shutdown. Meanwhile, we are watching for signs of an emerging restocking cycle in Germany.
Something for your Espresso: Here comes the shutdown..
Remember that government shutdowns can be sanctioned well ahead of the TGA running empty. McCarthy has continuously said that a deal was needed this week at the latest.