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1.Market Observations, 8.Was Sticky

29 Mar 2017 (AFR) – Donald Trump’s next job: avoid government shutdown

(29 March 2017, AFR, p11, by John Kehoe)

‘US President Donald Trump is trying to revive his presidency after the healthcare debacle, but before nailing tax reform he will need to avert a government shutdown.  The potential for a government closure is not high on the radar of Wall Street, but is a sleeper issue in the Washington Beltway. The same group of renegade conservatives who blocked Trump’s effort to overturn Obamacare are agitating for a potential government shutdown near the end of April unless their hardline demands are met, according to Washington insiders. “Hello April 29 government shutdown,” Washington political analyst Chris Krueger wrote in a note to clients overnight.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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