New Portfolio Crash Test Scenario: 2019 Long Term Government Shutdown

A scenario where there is a long-lasting shutdown, where the President does not declare a state of emergency, and the two sides don’t give in would have the biggest impact on your client’s portfolios. Economic effects of shorter shutdowns are generally minor and made up for once Federal workers (and contractors) receive back-pay. But a long shutdown, say into April, is uncharted territory and would have broader consequences for the economy.


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