Shutdown hit

• The House passed another bill yesterday to remedy the partial government shutdown, with Senate Majority Leader Mitch McConnell saying it won’t vote on a bill unless Trump supports it.

 

• The real-economy effects of the standoff are mounting. The number of government contractors going unpaid is seen as large enough to impact growth this quarter.

 

• Federal employees are citing financial hardship as a reason for not reporting to work, with some tapping retirement accounts to make ends meet.

 

 

(Source: Bloomberg)