Signs that we’re in the endgame of the US government shutdown mount

This US government shutdown will end, just like all the others. It’s why the dip in equities on the day it started was an easy buying opportunity, something I repeatedly touted.

The question is: Will the market rally even further when it’s settled? I’d say that’s likely and I can’t really see a scenario where it’s bad news that the government is re-opened.

A few things are lining up to indicate that we’re in the endgame:

1. An Axios report last yesterday about a bipartisan group floating a compromise
2. The US Transport Secretary saying he may have to close parts of US airspace next week if the gov’t isn’t opened
3. SNAP benefits running out, cutting off food to as many as 40 million Americans
4. Trump’s disapproval rating rising

Now there is a WSJ report saying Senators were increasingly optimistic about a deal.

Several lawmakers who returned to Capitol Hill on Monday evening said they believed the shutdown would come to a close by the end of the weekend.

Today it will become the longest US shutdown in history.

This article was written by Adam Button at investinglive.com.