A US government shutdown looks likely, and it’ll hit stocks and the economy, Goldman Sachs says

Photo credit: Associated Press / Carolyn Kaster. Article by Jennifer Sor. Markets Insider – August 22, 2023.

• A US government shutdown is more likely than not to happen in 2023, Goldman Sachs warned.
• Lawmakers have been sparring over government spending and are unlikely to agree on a budget in time.
• That could be a headwind to stocks and economic growth, the bank said. […]

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