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These Are The Four Political Risks Keeping Goldman Up At Night
zerohedge.com / by Tyler Durden / Mar 21, 2017 12:18 PM
With political uncertainty near record highs (but equity market uncertainty near record lows), Goldman’s Jan Hatzius analyzes the four biggest political risks receiving the most attention from market participants (and stand to create the most chaos if the priced for perfection market is disappointed).
Via Goldman Sachs,
Q: What are the near-term risks on the agenda in Washington?
There are four risks we are monitoring that have recently received some attention from market participants:
1. The outlook for legislation to replace the Affordable Care Act (ACA, or “Obamacare”) remains unclear and risks delaying congressional action on tax reform.2. The nomination of Neil Gorsuch to become a Justice on the Supreme Court is expected to move through the Senate Judiciary Committee this week, on its way to the Senate floor the week of April 3. If his confirmation is blocked, it could result in a change in Senate rules that could create a temporary political disruption.
3. Congressional appropriations expire April 28, and must be extended by then to avoid a temporary government shutdown.
4. The debt limit was reinstated March 16, and must be raised later this year to avoid disruption to Treasury’s ability to borrow.
The post These Are The Four Political Risks Keeping Goldman Up At Night appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/03/21/these-are-the-four-political-risks-keeping-goldman-up-at-night/
