Commentators tell Rebecca Jones there are more pressing issues on the horizon, namely the looming debt ceiling deadline...
Ian Kernohan, economist, Royal London Asset Management The US government shutdown could be an issue for the market but the approaching debt ceiling deadline in mid-October is a much bigger deal. Back in August 2011, we saw similar problems: the US market was downgraded and markets were volatile. However, the economy is a lot firmer now than it was and the eurozone is more stable. These shutdowns are not unusual. Although we have not had one for a while, we have had quite a few over the past decades. However, it does illustrate the degree of polarisation in US politics at the moment. Be...
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