From the synthesis of a new Goldman Sachs research note (this is a correct version, confirming the potential decline in GDP at the end point): – The federal government was partially closed for four days, and it seems likely that the situation could continue for a little ‘longer. While the closure continues, the political attention began to shift to the next deadline: The Treasury plans to exhaust its borrowing capacity from October 17. We expect the cash balance is exhausted Treasury no later than October 31, and maybe a little ‘before. – After October 17, …
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5 recent posts for today:
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