Economics

Wall Street Grows Antsy as Shutdown Threat to Stocks Intensifies

  • Now a 40% chance it extends into February, Evercore ISI says
  • The longer it lasts, the higher chance it leaks into markets
Slok Says Government Shutdown Could Cause a Recession
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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.