SPX has performed poorly this year with weak gains. The Government has now closed and the longer it is closed the worse market conditions will become. So now the clock is ticking and the market is running out of time.
Weekly Chart
Initially I feel that the markets can function for a while, but the longer the Government is closed the more chaotic things will become and, make no mistake, it will weigh heavily.
Earlier in the year I had warned that any savings from DOGE and money brought in from tariffs would not be enough.
ReplyDeleteMy calculations were correct and the US ran out of money. The Government closed.
ReplyDeleteInitially I feel that the markets can function for a while, but the longer the Government is closed the more chaotic things will become and, make no mistake, it will weigh heavily.
ReplyDelete