🚨 Government Shutdown Day 8
900K furloughed • 700K working without pay
➡️ ~$7B/week lost, GDP growth taking a hit
Tom Lee:
“The Fed’s been on hold for 9 months, ISM below 50 for 31 months still dovish.”
He sees 2 more rate cuts ahead and notes markets often bounce after shutdowns. 📈
🎲 Polymarket bets show an 84% chance the shutdown lasts past Oct 15.
Uncertainty’s high but crypto could be the winner. 💥