Just as the government shutdown started, markets got their mojo back. US indexes are up over 10% since Christmas while pundits, including Jamie Dimon, project a dire economic impact of a US government in such disarray.
– Is gridlock a GDP killer?
– When will govt dysfunction impact markets?
– What is the economic impact of a Trump Wall?
Join us as we introduce a new scenario – DC Delinquency, and consider all possibilities, including the potential impact of another downgrade on US Treasuries.