So says Goldman’s in a note to customers.
GS economist Alec Phillips places the probability of a shutdown continuing after a debt deal as 30%
It is possible that after attempting to merge the two issues, congressional leaders could find themselves still unable to agree on how to resolve the shutdown by the time the debt limit deadline has been reached.
He’s sees the possibility that they tie the shutdown and debt talks together in one package as 60%
It does bear thinking about that there is a possibility of the shutdown exceeding the debt talks and so adds to the economic risk to the US, even if it can pay its bills after the 17th October.
Full story from BI here
Meanwhile the shutdown continues to have an effect on the US tourism industry
H/T Jeff Wahlen
