Tag: Continuing resolution

GovernmentPolicy

Government Shutdown Crisis Deepens in Third Week as Senate Deadlock Continues

The Senate prepares for another critical vote as the government shutdown extends into its third week. Both parties remain entrenched in their positions, with Republicans demanding a clean funding bill while Democrats insist on extending Affordable Care Act subsidies.

The United States government shutdown has entered its third week with no immediate resolution in sight, as the Senate prepares for its ninth vote on competing funding measures that have repeatedly failed to gain sufficient support. The political standoff between Republicans and Democrats continues to deepen, with both sides showing little willingness to compromise on their core demands.

Senate Voting Deadlock Continues

by Michael Turner
Economy and TradingPolicy

Alternative Economic Indicators: 11 Unconventional Metrics to Track During Government Shutdowns

** As government shutdowns halt official economic data, investors and policymakers are turning to alternative indicators ranging from private payroll reports to men’s underwear sales. These unconventional metrics offer unique insights when traditional compass points disappear.

The Data Void: Why Alternative Economic Indicators Matter During Shutdowns

When the Bureau of Labor Statistics halts its regular reports during government shutdowns, investors and policymakers face a significant challenge. The current government shutdown has entered its 14th day with predictions suggesting it could last 30 days or more, creating a critical data vacuum at a time when the economy is transitioning from tight monetary policy. Without official statistics on employment, inflation, and growth, market participants must rely on alternative measures to gauge economic health.

by Michael Turner