10/1/2025 ‘The Budget…. Passes, Not…’
Passes, Not …
The spending bill to keep the U.S. government open, failed to pass last night, 9/30/2025, says CNBC 10/1/2025. Nevertheless, the world did not end the next day, as traders actually traded up the market on such news, betting that the interruption would be brief. In addition, the article suggested that the S and P 500 is in position for bullish growth, if it can stay in the 6445 and 6525 range, with the possibility of a breakout later this year and into 2026. Also, pundits have suggested that the longer the spending bill is not voted through, the higher the probability of volatility in the market.
Therefore,
‘Reduce what you don’t want to own 12 months from now’
And
‘Add to what you want to want to own 12 months from now
Because, so Far…
It looks like the Trump Trade is still on...
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.