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Higher stakes, a Fed 'flying blind,' and a 'data desert': Why this government shutdown would actually matter
It's hard to believe, but we've made it almost seven years without a government shutdown. That shutdown happened during President Trump's first term. And it was the longest in US history. Ever since, throughout the rest of Trump's first term and under former President Joe Biden, we've been in a perennial state of "will they, won't they," and for the most part investors and the market have become desensitized to the drama after a string of last-minute compromises to avert the self-inflicted wound. But we're here to tell you that this time really could be different. It will (again, probably) actually matter, even with ... (full story)