Maybe we are all so used to last minute deals that no one seems that worried about the potential for a government shutdown.
While I am not convinced we get one, I am convinced that this administration will use it as an opportunity to make some cuts that it couldn’t make under DOGE. I am not sure how it would do it, but I don’t think that will stop it from trying to reduce the size of government (and the deficit) as part of the shutdown. While that should be scary, I think stocks would ignore it, and bonds would do well.
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