Blog

It’s over! As we wrote to you in September, no U.S. Government ‘shutdown’ in recent history has lasted more than 21 days, and this one fell right in line, ending at day 16. We also shared with you that most shutdowns tend to be minor events in the investment markets, and this one was even weaker than most.

While we would rather just ignore the ongoing shenanigans of our 535 ‘leaders’ in Washington, D.C., the non-stop media coverage this week will be impossible to get away from, so we wanted to offer one additional piece of perspective now that a budget compromise has not been reached (yet).