Well, if you were looking for the silver lining in the catastrophic flooding that accompanied Hurricane Harvey, Goldman is happy to oblige.
As expected, analysts of all stripes have bent over backwards this week to try and quantify the impact of the storm on whatever sector or asset class they happen to cover although it goes without saying that's an exercise in futility in the near-term.
Assessing the fallout from this will take months and probably years depending on what it is you're trying to determine.
But when it comes to the effect it will have on the odds of a government shutdown, things are a little easier to measure by virtue of the fact that those odds are to a large extent subjective in the first place.
You might recall that over the past couple of weeks, Goldman has pegged the odds of a shutdown at roughly 50%. And that brings us to the silver lining of Hurricane Harvey: the odds might have fallen simply because no one will want to risk being the guy/gal that gets blamed for crippling the government's capacity to provide aid in the aftermath of a horrific natural disaster.
"At this point, we peg the probability of a shutdown in early October at 35%, down from our p
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