⚠️ The U.S. government shutdown may reoccur, but this time the 'script has been rewritten'
Washington is once again shrouded in the shadow of a government closure
But this time the logic of the impact on the economy will be entirely different
This week, key legislation to keep the U.S. government running is on shaky ground
The probability of a partial government shutdown occurring at midnight on Friday is skyrocketing
GDP data is safe, but non-farm payrolls and CPI may be absent
PCE may fall into uncertainty due to upstream supply disruptions
DHS funding is being collectively blocked by the Democrats
Currently, 78% of government functions may be impacted
Airport security checks and air traffic control are facing chaos
Data vacuum + travel disruptions, risk aversion sentiment is rising
Washington is once again shrouded in the shadow of a government closure
But this time the logic of the impact on the economy will be entirely different
This week, key legislation to keep the U.S. government running is on shaky ground
The probability of a partial government shutdown occurring at midnight on Friday is skyrocketing
GDP data is safe, but non-farm payrolls and CPI may be absent
PCE may fall into uncertainty due to upstream supply disruptions
DHS funding is being collectively blocked by the Democrats
Currently, 78% of government functions may be impacted
Airport security checks and air traffic control are facing chaos
Data vacuum + travel disruptions, risk aversion sentiment is rising