MARKETS TYPICALLY LOOK PAST SHUTDOWNS: DEUTSCHE BANK
Deutsche Bank’s Jim Reid notes the S&P 500 rose during the last six U.S. shutdowns, while 10-year Treasury yields fell in the last five, suggesting markets usually “look through” the events.Currently, S&P futures are down 25 points, the dollar is weaker, gold hits another record high, and Treasury yields edge higher.The copyright of this article belongs to the original author/organization.
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