"Betting on a rational US government can be tricky" - S&P

Standard & Poor's says risk of government shutdown slim

S&P chief US economist Bovino is out with a report on a US government shutdown. It's titled "With a shutdown, there will be blood"

Some highlights:

• If the shutdown begins early in Q4, it would subtract 0.2 pp from growth
• If shutdown were to start later in the quarter, it would subtract more