Capitalist Pig Hedge fund manager Jonathan Honig reacts to the market selloff after the Fed estimates fewer rate cuts in 2025 on ‘The Big Money Show’
Home GOP leaders are scrambling Reaching an agreement to avert a partial government shutdown is nearing a Friday deadline, but experts say the shutdown would have little impact on the stock market — and given the circumstances, it might even help.
The last-minute wrangling came after the initial bipartisan agreement received heavy criticism from conservatives amid pressure to come. trump administration To control government expenditure.
Stocks jumped Thursday afternoon as investors considered the Fed’s dovish stance and a possible government shutdown. (Brendan McDiarmid/Reuters Photos)
“A government shutdown won’t cause a nuclear meltdown in the markets, but it will create short-term volatility — but only for a few trading sessions because investors trust President Trump to pass it,” says investor and finance expert Eric Schieffer, president of The Patriarch Organization. Will use our mandate to get it done.”
Oxygen Financial co-founder Ted Jenkin dismissed concerns that the shutdown could have a major impact on markets. fox business“If there’s any positive light about the growing fiscal dysfunction on Capitol Hill, it’s that we have enough history to show that government shutdowns have minimal impact on investors or financial markets.”
What’s in the spending bill that’s drawing the ire of Elon Musk, Vivek Ramaswamy?
Chris Markowski, founder of Markowski Investments, said in an interview that the shutdown could impact markets, depending on how long it lasts. But overall, shutdown concerns are often overblown.
Fox News chief congressional correspondent Chad Pergram reports on the latest news emerging from Congress as lawmakers work to avoid a government shutdown.
“I think what happened over the last few days is extraordinary in the sense that so many people were flocking to the phone banks in D.C. to say enough is enough,” Markowski told Fox Business. “We didn’t vote for this. We have to stop this ridiculous spending.”
Markowski said there are fears of a shutdown every year around Christmas, and he argues that in any other year, lawmakers would have been home for the holidays by now. But this year, “the taxpayers are really holding you back.”
Markowski believes investors could be encouraged by the shutdown on the possibility that the government may cut spending, ultimately leading to strong market,
Republicans in the GOP-led House are working on a last-minute compromise to prevent a government shutdown after bipartisan legislation was killed over opposition from conservatives over the spending bill. (Julia Nickinson/Bloomberg/via Getty Images)
He pointed to the fact that one of the largest line items in the federal budget is interest on the national debt, which is now more than $36 trillion.
Get Fox Business by clicking here
He said, “You can’t run a household like this. You can’t run a business like this,” but, “This is how we’re running our country right now.”
“Frankly, like most taxpayers, I’m sick and tired of it,” Markowski said. “It’s not so much about paying our taxes – which we have to – it’s the fact that they are being wasted on a regular basis.”
