Axios
When the U.S. government heads toward a partial shutdown, a natural instinct is to anticipate dire consequences for financial markets and the economy. The history doesn’t support it, however.Why it matters: In the past, at least, government shutdowns have been a micro story, not a macro story.That is…
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Reality check on shutdown economics
When the U.S. government heads toward a partial shutdown, a natural instinct is to anticipate dire consequences for financial markets and the economy. The history doesn’t support it, however.Why it matters: In the past, at least, government shutdowns have been a micro story, not a macro story.That is…