The AI Flywheel, Government Shutdown Drags On, Stocks Hit Record Highs 11/3/25

The AI flywheel is starting to operate in a meaningful way. Meanwhile, Christopher Hodge, Chief U.S. Economist at Natixis CIB Americas, warns that a prolonged shutdown could hurt growth into 2026, deepen inequality, and reignite inflation. CNBC’s Frank Holland reports top executives are selling millions in shares as insider selling surges. Berkshire’s discipline and value focus remain its strength, with record cash positioning it for big moves once markets rotate. And Robert Schein, Chief Investment Officer at Blanke Schein Wealth Management, says not to go against seasonality.