Viraj Patel, Executive VP at Fiduciary Trust International, provides keen insights into the looming US government shutdown and its potential market impacts. He emphasizes resilience in US equities despite political standoffs and discusses the Fed’s influence on economic conditions. Meanwhile, Catherine Lim, Senior Analyst at Bloomberg Intelligence, explores the significance of China’s Golden Week, highlighting consumer spending trends and government initiatives to boost consumption, including vouchers and extended services, offering a glimpse into the potential economic recovery.
