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        US government shutdown: Is it a done deal?

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        The United States is on the brink of a government shutdown if Congress fails to pass legislation to extend funding before October 1st. Accor... Show More
        The United States is on the brink of a government shutdown if Congress fails to pass legislation to extend funding before October 1st. According to Alec Phillips, the Chief Political Economist at Goldman Sachs Research, the likelihood of a shutdown has already exceeded 50%.
        Lori Calvasina, a strategist at RBC Capital Markets, has noted that in the run-up to the last seven government shutdowns, each lasting ten days or more and dating back to 1976, the median decline of the $S&P 500 Index(.SPX.US)$ was 10.2%.
        In the event of a congressional failure to reach an agreement, it would result in a delay in the release of crucial economic data and could potentially harm America's top credit rating.
        (1) Do you believe that a shutdown scenario will unfold once again this time?
        (2) And if it does occur, do you anticipate a swift rebound in the stock markets shortly after the government reopens?
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