Wall Street is currently experiencing a fervent wave of optimism, dubbed 'Fed Cut Fever,' as hopes for aggressive Federal Reserve interest rate cuts dominate market sentiment. This bullish outlook has propelled major U.S. stock indices to fresh record highs, even as the nation grapples with an ongoing government
In a stark reminder of the fragility of economic intelligence, the United States once grappled with a government shutdown that significantly hampered the nation's ability to gauge its own economic health. Looking back from October 3, 2025, the October 2013 shutdown serves as a poignant historical case study, where the
Palantir Technologies’ shares were down nearly 5% in Friday’s midday trade after an internal army memo reportedly flagged “fundamental security” problems in a U.S. Army communications system that the company is working on.
According to a Reuters report, a memo drafted in September by Army Chief Technology Officer Gabrielle Chiulli describes the Next Generation Command & Control prototype as riddled with structural flaws.
At the September FOMC meeting, when the central bank reduced the key rate by 25 basis points, Federal Reserve Governor Stephen Miran expressed dissent and voted for a larger 50-bps cut.
In an interview with CNBC, Goolsbee stated that he believes the U.S. economy can afford a “fair amount” of interest rate reduction from the current level, gradually over time.
The agreement includes delivery of multiple advanced components that will be integrated into Red Cat’s FANG drone platform, a system designed for military and government use.
On Thursday, October 2nd, U.S. equity market breadth showed modest improvement, continuing a slow recovery from last week’s weakness. However, the advance remains hesitant, and key indicators are not confirming a broad-based bullish shift just yet. The overall trend stays neutral with a slight positive bias, but conviction remains low.
Fund manager Louis Navellier stated that market momentum appears unstoppable, with the bias toward equities versus debt at its highest level ever, and corporate share buybacks also on the rise.
