BMO's Ian Lyngen said next week, the US.....>

US VIEW: BMO's Ian Lyngen said next week, the US economic "fundamental data will

once again take a backseat to politics as the Russia probe comes back into focus

and the Dec. 8th continuing resolution (CR) (debt limit) expiration quickly

approaches. The current House proposal offers nothing more than a can-kicking

concession to extend the deadline for a broader budget agreement to December

22nd and even that might prove challenging to get through the Senate."

- He adds that "whether the political brinkmanship brings about a partial

government shutdown before a budget deal is reached is an open question, but we

think the odds are better than even that we see a 'social' shutdown, in which no

major disruptions occur and the market is content to dismiss the hiccup as

politics as usual. After all, we haven't heard much from the White House on

immigration reforms or funding the wall on the US/Mexico border in a while."