Economic Policy Uncertainty Likely To Rise

In the wake of the decapitation of the FBI, financial indicators suggest a negative shock. I suspect an increase in uncertainty, given that political turmoil could cloud the path of economic policy implementation.

In the wake of the decapitation of the FBI, financial indicators suggest a negative shock. I suspect an increase in uncertainty, given that political turmoil could cloud the path of economic policy implementation (tax reform/cuts, infrastructure, etc.). Here is the S&P 500 futures for June 2017.

Source: Yahoo Finance accessed as of 5:05PM Pacific.

My guess is that daily indicators of economic policy uncertainty will rise tomorrow.

Update, 7:20PM Pacific: Impeachment in 2017 odds rise, as of 7:15PM Pacific.

Source: PredictIt.

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