article thumbnail

A Few Comments on the Likely Government Shutdown

Calculated Risk

First, shutdowns are expensive, and many government employees continue to work (like the military), but don't get paid. Second, there will be an impact on GDP from Goldman Sachs: A government shutdown this year has looked likely for several months, and we now think the odds have risen to 90%. So, the path forward isn't clear.

article thumbnail

Risk-Free Government Debt – Fact or Fiction?

Advisor Perspectives

government debt is risk free. Investors believe that U.S. Why shouldn't they? Every economic and financial textbook, media outlet, and bond guru says so.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ten Things to Know About a Government Shutdown

Carson Wealth

I just watch the government and report the facts.” Will Rogers As you’ve probably heard by now, the government is on the brink of shutting down unless Congress connects on a Hail Mary to pass a dozen spending bills before the September 30 funding deadline. Here are ten things to know about a potential government shutdown.

article thumbnail

A Government Shutdown

The Irrelevant Investor

The post A Government Shutdown appeared first on The Irrelevant Investor. What this could do to the economy and the stock market is anybody’s guess, but there is probably less cause for alarm than you might think. That’s because the market does a good job of pricing in risk events that have a date associated with t.

article thumbnail

Congress Scrambling to Avoid Government Shutdown

Advisor Perspectives

Historically, government shutdowns have not caused a major reaction in the markets. But shutdowns can increase market volatility, and an extended shutdown could have an impact on the overall economy.

article thumbnail

US Government Shutdown’s Economic Risks Grow the Longer It Lasts

Advisor Perspectives

A US government shutdown would have a cascading economic effect, beginning mildly and deepening over time as millions of workers go without salary, private contractors aren’t paid and consumer uncertainty grows over Washington’s dysfunction.

article thumbnail

US Government Needs a Youth Movement. A Shutdown Won’t Help.

Advisor Perspectives

One of the longer-term consequences of the looming government shutdown isn’t getting the attention it deserves: The youngest potential recruits are receiving yet another reminder of the challenges of public service, and at a time when they are desperately needed.