History of US Government Shutdowns

Here we go again as a divided Congress heads for another government shutdown. History has shown the impact on markets tends to be limited and short-lived but if there is a shutdown it comes at a time where negative forces are weighing on markets.Rising U.S. bond yields (16-year highs)Higher oil pricesTighter financial conditionsStrong dollarGlobal economic growth concernsWeaker stocksGovernment shutdowns in the United States occur when the government is unable to pass a budget or a continuing resolution to fund its operations. These shutdowns result in the temporary closure of various government agencies and services, impacting federal employees and government operations. Here is an overview of some significant government sh