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The Street's refusal to impose discipline on Washington—through a tumble that would have instilled some sense of urgency—may be inviting more trouble.
As the dollar languished near eight-month lows, currency strategists say it could head lower still as markets push back expectations for a tapering.
After a several week delay due to the government shutdown, the Labor Department said it will deliver the September jobs report on Tuesday.
The government shutdown and the last minute deal to avoid default have damaged the credibility of the U.S., according to Dennis Gartman, the founder of The Gartman Letter.
The move by China's Dagong to downgrade its rating on U.S. sovereign debt reflects the country's frustration over the debt ceiling debacle.
Economists are adding up the collateral damage from the budget battle, including one estimate of a $24 billion bite out of the GDP.
For businesses across the country, a reopened government is getting scant cheers. Lost revenue can't be recouped, owners say.
Message to Washington from a top money manager: Don't even think of another fiscal confrontation like the one the country just struggled through.
With the government shutdown over, federal statisticians and economists face an uphill battle issuing the economic data reports that move markets.
The deal reached also fails to address fundamental issues, said Pimco's Mohamed El-Erian told CNBC on Thursday.
With Washington's debt battle over, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy.
U.S. politicians may have side-stepped a debt default on Wednesday, but currency analysts have told CNBC that the dollar's status as a reserve currency will suffer long-term.
The economy grew at a "modest to moderate" pace over the past month, though concerns over the fiscal impasse were a concern, according to the Fed.
Two surveys indicate consumers are scaling back or plan to due to the shutdown—a worrying trend for retailers as they head into the holiday season.
Berkshire Hathaway's chairman said he doesn't expect the U.S. will default on its debt, but if it does it would be a "pure act of idiocy."
Larry Fink, chairman and CEO of BlackRock, said that "kicking the can down the road could cause lasting damage to consumer confidence and CEO behavior in terms of job creation."
The agency's sovereign ratings head, John Chambers, says it will be less expensive for the country to make changes now.
"The world is looking at the United States and asking the question. 'Can we effectively govern ourselves?'" Leon Panetta tells CNBC.
Wall Street's bulls may be partying hard on the prospect of a Washington debt deal, but the actual vote is likely to trigger a "sell the news" letdown.
Pimco founder Bill Gross warned Treasury investors that this type of gridlock is likely here to stay.