Definitely good news if you're talking about the global economy and health of the United States.
As far as FNMA it's hard to say - we surged throughout the whole debt crisis. I don't think it really helps or hurts FNMA.
As far as the government shutdown this was supposedly a tactic that could be used to prolong the shutdown - pass the debt ceiling increase and then keep the government closed because there would be far less wall street pressure on republicans.
I, however, think the opposite. I think the goodwill from this carries over into some way for both sides to save face and for the dems to concede SOMETHING related to spending (but not Obamacare).
Have you seen the price of gas lately? Its gone down, rates gone down, continued stimulus from the FED. Guess, less govt means better days ahead. Ron Paul was correct we do need to shrink the Govt, way too big and involved in everything is making the US very expensive.
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