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Government shutdown begins but analysts say markets historically weather disruptions well

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1 week ago

A partial government shutdown began on Wednesday with Republicans and Democrats at an impasse over spending levels, which has increased uncertainty over economic conditions and how financial markets will react.It's unclear when lawmakers will reach a compromise that allows them to end the shutdown, but experts anticipate that financial markets will be relatively unfazed by the dysfunctional funding of the federal government in the meantime.Adam Turnquist, chief technical strategist for LPL Financial, said in a note that while the shutdown "introduces a new layer of uncertainty for markets," he...

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1 week ago
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