BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Trump Warns Government Shutdown ‘Likely’ as Deadline Hours Away
Trump Warns Government Shutdown ‘Likely’ as Deadline Hours Away
6
3
BTCCSquare news:
President TRUMP has cautioned that a government shutdown is probable ahead of Tuesday's midnight deadline, suggesting Democrats may face consequences. Congressional Republicans accuse Democrats of delaying a seven-week funding extension over disputes involving Affordable Care Act subsidies. The last shutdown in 2018 stemmed from a border wall funding clash.
Market implications appear muted. Historical data from Carson Research shows the S&P 500 averages a 0.3% return during shutdowns, with a robust 12.7% return in the subsequent 12 months after resolution. Investors appear to price these political standoffs as temporary disruptions rather than systemic threats.
By:
