Last 8 Gov Shutdowns Have Been Neutral Or Positive For Stocks

The Government shutdown could happen later this month, notes Randy Frederick. He mentions that the last 8 shutdowns have been neutral or positive for stocks. He and Collin Martin discuss Fed rate hike expectations. Collin highlights that jobless claims suggest it could take a while for the labor market to get “loose.” He suggests that the likelihood of a Fed hike this month is still less than 10%. They then go over the takeaways from today’s jobless claims. Tune in to find out more about the stock market today.