Policy Uncertainty During The Shutdown: Elevated
Image Source: Pexels
Daily data from Baker, Bloom and Davis:
Figure 1: EPU (blue, left scale), EPU-trade (green, right scale). Light orange is Trump 2.0 administration; darker orange shading is shutdown. Source: policyuncertainty.com.
Betting on the shutdown length is now at 34 days, taking us through November 3 for postponed releases (no idea on delays).
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