Report
Shutdown: a user guide
The budgetary process is clearly dysfunctional in the US. Having only just settled its umpteenth debate about raising the debt ceiling, Congress is now in a deadlock over the budget for the fiscal year beginning on 1 October. Federal agencies whose financing has not been voted on are set to close. In view of past experiences, the economic impact should be moderate and largely reversible once the shutdown is over, but this is an unwelcome uncertainty shock at a time when the US is...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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