IMF joins Fitch with general thoughts

It must be a day for broad macro thoughts that tell us what we pretty much already know.

The IMF joins Fitch with broad thoughts. They say:

  • No-deal Brexit is the most significant near-term risks of Britain's economy
  • Too early to assess economic damage from US government shutdown.
  • The longer the US shutdown, the greater the impact on the US economy
  • They urge the US to an partial government shutdown
  • important to find new social consensus in France

They add:

  • IMF board review of next Egypt loan tranche expected soon.
  • Staff mission scheduled to visit Greece next week