Timing Of Government Shutdown “Could Not Be Any Worse”

washington monument DC

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So far, the general sense is that government shutdown (assuming it happens) won’t have a big impact on the economy.The stock market certainly doesn’t seem to care.

But not everyone shares this view.

A note from Brown Brothers Harriman — via Bloomberg — argues that the timing, considering the fragility of the economy “could not be any worse.” It estimates, based on that what happened last time, that we could see a loss of 0.08-0.2% of quarterly output.

For full coverage of the shutdown debate, see here >