White House economic advisor Hassett just dropped some interesting signals about fiscal policy direction. He's confirming that a reconciliation bill is on the table for next year—basically Congress's fast-track mechanism for pushing through budget and tax changes without needing a supermajority.

What's catching attention? His comment that there's "more fiscal room" for stimulative measures right now. Translation: they see space to inject more money into the economy without immediately worrying about debt ceilings or inflation constraints spiraling out of control.

For markets, this kind of talk usually means potential liquidity injection down the road. Whether that flows into risk assets or gets absorbed by traditional sectors remains the question. But anytime policymakers hint at opening the spending taps, traders start repositioning.