Search

Government Shutdown

Government Shutdown?

The president meets with key congressional leaders this afternoon. Unless a last-minute resolution results, this shutdown will be different. We know about threatened mass firings. Note also that we may not have fresh official data from the federal government if there is a shutdown. That could include the Friday employment report, as Cumberland’s Chief Economist David Berson noted on Cumberland’s morning call today.

Here are my thoughts about this shutdown.

Housekeeping note re the Substack transition on October 1: If you are new to Substack, you’ll be asked to identify your interests. After that, you can take steps to ensure that Substack will not send you marketing emails about other Substack letters. Directions are here: https://support.substack.com/hc/en-us/articles/8119385168660-How-do-I-stop-receiving-emails-from-Substack.

Share this article

Facebook
Twitter
LinkedIn
Email

More Posts

Iran Blockade Strategy Considered

We compare the US blockade of the Strait of Hormuz with selected blockades from WWI to the present and identify some limits of using economic isolation in a war ceasefire scenario.

The Hormuz Siege

The Hormuz Siege

Is it a blockade or is it a siege? These are forms of war not usually examined by the current crop of younger financial market agents. We advise studying history of sieges and their connection to economics.

Contact David

David would love to hear from you. Please Feel free to reach out and send an email.

Skip to content