With President Donald Trump vowing to pay the military on Oct. 15, the lack of a pressure point to bring Congress together to resolve the US government shutdown led Bloomberg Intelligence's Washington Policy Pulse on Oct. 13. The next major catalyst, in our view, would be if Supplemental Nutrition Assistance Program (SNAP) benefits run out at the end of the month, potentially impacting grocers like Walmart, Kroger and Albertsons. We also discussed the latest in Trump's threat to place tariffs on China, as well as an update on deposit insurance legislation, which could increase costs for banks like JPMorgan and Bank of America. 

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