The Stopgap Deal Does Not Resolve Many Differences

The government stopgap budget deal funds the U.S. government until November 17th. It drops aid to Ukraine and increases Federal disaster assistance. Eric Hovde discusses the major takeaways from the stopgap deal that averted the U.S. government shutdown. He talks about the risk of growing the U.S. national debt. He notes that few differences have been resolved by the stopgap deal and protracted budget battles and shutdowns threaten the U.S. credit rating. He highlights that treats come at cost the GDP and growing national debt is a major problem the U.S. faces. He then outlines what investors should watch in the U.S. budget debate. Tune in to find out more about the stock market today.