The new budget conference committee has been written off as dead on arrival by most people before it even starts work. Given the dysfunctional state of Congress and the failure of the deficit...

Even if Congress manages to keep the Federal government open and raise the debt ceiling next year, the continuing fiscal uncertainty is only going to make the Fed's job that much harder. That fiscal...

It will be some weeks yet before all of the economic data releases that were postponed during the government shutdown are published. As the shutdown will have severely delayed the collection process...

Financial markets have been buoyed by media reports indicating that both the Senate and the House are preparing to vote imminently on a bill to reopen the Federal government and raise the debt ceiling...