US government "shutdown" lasts 40 days; Republicans say "an agreement has been reached" and plan to vote today
Jinse Finance reported that on November 8, the U.S. Senate held its first weekend session since the federal government "shutdown." During the meeting on the 8th, the two parties once again parted ways due to disagreements over healthcare policy. However, a day later on the 9th, which marked the 40th day of the U.S. government "shutdown," Senate Majority Whip and Republican John Thune announced that a potential agreement to end the government "shutdown" was "gradually being reached." According to Thune, this is only a "potential agreement" and there is no guarantee it will be finalized. Senators insist they need time to read the proposal, which could take several hours. Thune also stated that he plans to hold a vote on a funding measure on the 9th as part of the plan to end the government "shutdown." (Zhitong Finance)
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
