Wall Street Gains on Optimism US Will Soon Reopen

Nov 11, 2025

Guest

Geetha Ranganathan

Eddie Ghabour, Co-founder and CEO of Key Advisors Wealth Management, shares insights on how the government shutdown could increase the odds of a Federal Reserve rate cut. Neil Dutta, Head of Economics at Renaissance Macro Research, analyzes the labor market's dynamics and the implications of inflation on employment. Josh Green, national correspondent for Bloomberg Businessweek, discusses the political fallout from the shutdown and its effects on party dynamics. Geetha Ranganathan, Senior Media Analyst, examines Paramount Skydance’s financial strategies and its competitive position in the media landscape.

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INSIGHT

Shutdown May Raise Odds Of A December Cut

The government shutdown is likely bullish for stocks because it raises the probability of a Fed rate cut in December.
Eddie Ghabour says weaker official data from a shutdown increases odds of a Fed easing and a potential Santa Claus rally.

ADVICE

Adopt Tactical Portfolios, Not Buy-And-Hold

Individual investors should avoid pure buy-and-hold in this late-stage bull market and adopt tactical strategies.
Eddie Ghabour recommends being ready to sell and pivot to protect against a bubble popping.

INSIGHT

Labor Market Weakness Outpaces Inflation Risk

The labor market appears to be weakening faster than expected, possibly already at year-end Fed unemployment levels.
Neil Dutta highlights that employment can move nonlinearly and downside risk to jobs exceeds upside inflation risk.

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Wall Street’s bets that the largest shutdown in US history is soon coming to an end drove a rebound in stocks, spurring optimism that access to official economic data will shed light on the Federal Reserve outlook.

The S&P 500 erased losses, with about 345 shares gaining. The Dow Jones Industrial Average climbed 1.2%. FedEx Corp. — a barometer of the economy — jumped over 5% as it expects profit this quarter to improve from a year ago. Nvidia Corp. sank 3% as SoftBank Group Corp. sold its entire stake in the chipmaker for $5.83 billion to help bankroll artificial-intelligence investments.

With the bond market closed for Veterans Day, Treasury futures rose after ADP Research data suggested the labor market slowed in the second half of last month. Traders have relied on private numbers as the government closure has delayed the release of official statistics.

A record-setting US shutdown is on a path to end as soon as Wednesday after the Senate passed a temporary funding measure. Reopening the government now depends on the House, which plans to return to Washington to consider the spending package. It would keep most of the government open through Jan. 30 and some agencies through Sept. 30. If approved, the bill goes to President Donald Trump, who has already endorsed the legislation.

Today's show features:

Eddie Ghabour, Co-Founder and CEO of Key Advisors Wealth Management, on the post-government-shutdown market landscape
Neil Dutta, Head of Economics at Renaissance Macro Research, on the US economic and monetary policy outlook
Bloomberg Businessweek National Correspondent Josh Green on the political blowback as Congress moves closer to officially ending the US government shutdown
Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan on Paramount Skydance shares jumping after the company raised its target for job cuts and cost-saving measures

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