Government Shuts Down but the Market Keeps Going
October 2, 2025
The government is on Day 2 of a shutdown, and markets haven’t blinked. In this month’s First Week video, Walter sits down to discuss whether that rally will last and how volatility is impacting the economy. With no jobs report and more rate cuts on the horizon, investors are watching Washington closely. Walter also highlights what to expect from earnings season, especially as AI optimism continues to drive tech performance.
Also in this month’s video:
- Labor Market Watch: ADP private data showed a loss of 32,000 jobs. Hiring remains slow, with uncertainty around demand vs. supply dynamics.
- Fed Rate Cuts: We got our first rate cut in over a year in September…when is the next coming?
- Sector Trends: Tech led Q3 performance, driven by AI optimism. Smaller-cap stocks saw a lower-quality rally.
Greenwood Capital is an SEC-registered investment advisory firm. This material has been prepared for information purposes only, is not intended to provide, and should not be relied on solely for tax, legal, or accounting advice. Subtitles are automatically generated.
