🚨 ANOTHER US GOV SHUTDOWN ON JAN 31?

US lawmakers left for Christmas without a budget deal or even a voting framework.

That alone increases the odds of another government shutdown on January 31.

No funding agreement.

No clarity.

Same political theater.

Markets now have to price in shutdown risk again heading into 2026, adding another layer of uncertainty at a time when liquidity and confidence already feel fragile.

Shutdowns don’t usually last forever, but they do one thing very well.

They inject volatility.

Something to keep on the radar as we head into the new year.