Congress averted a shutdown, but will be fighting about it again next month: Strategist

Congress averted a shutdown by passing a last-minute stopgap funding bill, giving them 45 days to agree on a permanent solution to fund the government. Stifel Chief Washington Policy Strategist Brian Gardner and Bipartisan Policy Center Director of Economic Policy Shai Akabas weigh in on Congress's actions. Gardner believes that the “purchase of a couple extra weeks” will ultimately result in Congress debating a shutdown again next month when the stopgap funding expires.

Stephanie Grisham reacted to news that the former president will be present at start of the civil fraud trial on Monday.The Ukrainians keep making the same serious tactical mistake Video appears to show a Russian tank hitting a mine and running out of control before sinking into water Schwarzenegger, who served in office from 2003 to 2011, faced a state GOP that wasn't as stridently conservative as it has become in recent years.AFP via Getty Had the great Maya Angelou been alive to witness Saturday’s climax of the omnishambolic dog’s breakfast of a misbegotten legislative process that took place in the U.S.

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Market could hit 'all-time highs by June' in 2024: StrategistThe U.S. economy keeps pushing back against forecasts predicting a recession would hit in 2023. Now, investors are left wondering what this means looking ahead to 2024. J.P. Morgan Private Bank U.S. Equity Strategist Abby Yoder joins Yahoo Finance to discuss JPMorgan's recent upgrade in the consumer discretionary sector and the outlook for the S&P 500 (^GSPC) over the next year. 'We have this concept of what we've been calling a rolling earnings recession, it's where different sectors of the S&P 500 have gone through their earnings recessions at different times,' Yoder explains the reasoning behind the bullish outlook. The consumer discretionary sector '[has] already been through that earnings recession period... They've had margin support in the fact that they already cut costs, thats why we are more positive on the consumer discretionary sector.'For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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