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- A government shutdown looms, and investors are worried about what it means for their portfolios.
- Julian Emanuel of Evercore says the bigger issue is the volatility of a 2024 presidential election.
- Markets rise or fall by double digits during election years when Congress is tightly contested.
There is a 90% chance that by 12:01 am on Sunday October 1, the US government will be shut down, according to Goldman Sachs.
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