Shutdowns typically do not make sizeable impacts on the markets or the economy, though the potential for a lengthy political impasse bears monitoring. The United States federal government shut down today after lawmakers were unable to agree on funding allocations ahead of the October 1 start to the government’s fiscal year. While shutdowns loom large in the political sphere, historically, they tend not to be market events. “While volatility may increase, it tends to be moderate – far less severe than the market turbulence experienced related to tariff uncertainty in April and May,” says Raymond James Chief Investment ... (full story)