VIDEO: We Have a Government Shutdown. Now What?
Here's what to know and how it might play out. Plus, as ADP confirms the jobs market is weakening, this is how we’re positioned.
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In today’s Pro Portfolio video, Chris Versace shares how we will be contending with the government shutdown and why the Portfolio is well-positioned as government furloughs begin.
While the average length of a shutdown since 1980 has been eight days, we explain why we’ll be closely tracking what the Trump administration does next and why the prudent move is to not jump to any quick conclusions.
Chris then recaps the big miss in the September Employment Change report from ADP and what this confirmation of a weakening jobs market means for the economy and the Portfolio.
He also details the next few pieces of critical data we’ll be following, as the government shutdown means no September Employment Report on Friday.
