Jan
17
Wall Street Grows Antsy as Shutdown Threat to Stocks Intensifies
By-
Now a 40% chance it extends into February, Evercore ISI says
- The longer it lasts, the higher chance it leaks into markets
A growing group of analysts and investors is warning that the U.S. government shutdown could soon hurt stocks.
Already confronting an increase in volatility, an uncertain outlook for interest rates and a trade war that threatens to damp global growth, traders now have to factor in the economic effects of the partial closure, in its record 27th day…
Wall Street Grows Antsy as Shutdown Threat to Stocks Intensifies