Government Shutdown Standoff Continues

The ongoing government shutdown is raising concerns as it extends into the holiday season, potentially impacting equities. Monica Guerra, head of U.S. policy at Morgan Stanley Wealth Management, discusses the implications on financial markets during her appearance on ‘Power Lunch.’

Potential Economic Impact

Experts warn that a prolonged shutdown may disrupt economic activity, affecting consumer confidence and spending. The uncertainty could lead to increased volatility in the stock market as investors react to the political stalemate.

Congressional Negotiations Stalled

Negotiations in Congress remain at an impasse, with lawmakers struggling to reach a budget agreement. The deadlock has left essential government services unfunded, raising questions about the long-term effects on the economy and public services.