Schwab Network

Clark: Market is 'Completely Brushing Off this Shutdown'


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As the U.S. government shutdown continues, Brandon Clark says markets are moving past it already. He discusses the historical trends from previous shutdowns acting as prior roadmaps for market performance. Brandon adds the Fed's rate cut path is the most significant driver for the economy, especially regarding the labor market. Brandon points to weakness in job-seekers especially recent graduates and cites A.I. adoption as a key culprit which could keep the Fed's focus. Later, Brandon runs through his barbell approach to investing in the current market.


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