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How Much Did the Government Shutdown Actually Cost?

With the latest U.S. government shutdown behind us (for now), it is worth asking if it had a serious, lasting, or permanent effect on the economy. Traders would most likely say no: the S&P barely skipped a beat on shutdown day, and when the government re-opened 16 days later it was up 2.3% for the Read More »

November 14, 2013