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Benzinga
Benzinga
Business
Piero Cingari

Shutdown Could Be The Longest On Record – And Wall Street Starts To Sweat

Government shutdown

Two weeks into the U.S. government shutdown, traders are beginning to price in the uncomfortable possibility that Washington's gridlock could drag on long enough to break records, bringing with it a cascade of economic and financial consequences.

According to Kalshi, a betting platform regulated by the Commodity Futures Trading Commission, the current odds project the shutdown to last 34.5 days, teetering on the edge of surpassing the 35-day shutdown of 2018-2019, the longest in U.S. history.

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