Trump says US government shutdown now impacts stock markets, warns of no quick resolution
Summary
US President Donald Trump announced that the ongoing government shutdown is now impacting stock markets, cautioning that a swift resolution to the fiscal deadlock is unlikely. The extended shutdown, caused by lawmakers' failure to agree on a funding deal, is halting non-essential federal operations and disrupting services that support various economic sectors, leading to broader economic impacts beyond the immediate hardship for federal workers. Investors are responding to this prolonged uncertainty by assessing ripple effects on global markets and shifting toward safer assets like bonds due to increased volatility in US equities trading systems.
(Source:Crypto Briefing)