Trump will receive another shutdown?

The market is pricing in an increasingly harsh scenario.

On prediction markets, the probability of a U.S. government shutdown by the end of the month has risen to ~80% — a historical high for this deadline.

Important: this is not a government forecast, but aggregated expectations of market participants. However, such expectations often drive prices.

A shutdown is not a disaster, but a noise factor:

delays in payments, political bargaining, nervousness in risk assets.

So far, we have a classic state of anticipation.

And the market is once again voting not with words, but with probabilities.

#MoonManMacro

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