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President Biden over the weekend signed Congress’s bipartisan spending package, narrowly avoiding a government shutdown and keeping federal operations funded through mid-March. 

The bill, cut from 1,500 pages to around 100, does not raise the debt ceiling, a provision President-elect Trump requested. Also out: a 3.8% raise for members of Congress, a bipartisan provision included in the original bill. 

The eleventh-hour deal did little to calm markets, which have struggled to maintain their post-election momentum this month. The S&P 500 is down 1.7% since the start of December. The…

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