As the tug-of-war between the White House and Congress once again pushes the government to the brink of a shutdown, traditional safe-haven assets are no longer sufficient to cope with this Crisis of Confidence triggered by politics, and the true value anchor is shifting.
"If Congress cannot reach a budget agreement before the deadline, the U.S. federal government may face another shutdown on January 30." Trump's remarks dropped a bombshell in the global capital markets.
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As the tug-of-war between the White House and Congress once again pushes the government to the brink of a shutdown, traditional safe-haven assets are no longer sufficient to cope with this Crisis of Confidence triggered by politics, and the true value anchor is shifting.
"If Congress cannot reach a budget agreement before the deadline, the U.S. federal government may face another shutdown on January 30." Trump's remarks dropped a bombshell in the global capital markets.