- Financial markets may face another heavy blow! The White House is making plans for a government shutdown, with major layoffs looming.

According to the Wisdom Financial APP, the White House has instructed federal agencies to prepare for the possibility of a government shutdown on October 1. If there is a lack of funding to maintain government operations and no other sources of funding are available, there will be massive layoffs related to government projects. The White House and the OMB have instructed all federal agencies to prepare for Reduction in Force (permanent layoffs) plans and other emergency measures for a government shutdown, indicating that the Trump administration has no intention of compromising with the Democratic Party and is starting early preparations for the pessimistic scenario of "unable to allocate funds on time".