Goldman Sachs says the probability of a US government shutdown is now 90% | Forexlive
I posted yesterday on GS on the likelihood of multiple shutdowns ahead:
The latest from GS is that they see the first shutdown as imminent:
- “A shutdown this year has looked likely for several months, and we now think the odds have risen to 90%”
- the most likely scenario is the government will shut down on October 1.
- “While there is still a chance that Congress can reach a last-minute deal to extend funding past Sep. 30, there has been little progress made and there is little time left,”
- “In the seemingly unlikely event Congress passes a short-term extension, we would still expect a shutdown sometime later in Q4.”
Also:
When will the last domino fall?