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Markets and Inflation, Shutdown Deadline Looms, FedEx Spinoff Plans, Nike’s Turnaround Push 12/20/24

Squawk on the Street

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Political Turmoil and Market Speculation

This chapter explores the contentious political landscape in Washington amid a potential budget shutdown, highlighting the internal rifts within the Republican Party and the influence of external figures like Trump and Musk. It also delves into the volatile nature of the stock market, particularly regarding transformative technologies, cautioning investors about the risks of speculation in uncertain times.

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