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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI China Daily Summary: Thursday, December 12
CNN: Voters Oppose Congressional Brinksmanship With Govt Shutdown
A new survey from CNN has found that 81% of Americans, “say it is not acceptable for members of Congress to threaten a government shutdown during budget negotiations in order to achieve their goals, including broad majorities of Democrats (89%), independents (81%) and Republicans (72%).”
- CNN: “On the immediate major legislation looming – the need to fund the government by November 17 – most Americans think it is at least somewhat likely that a deal will get done (57% say so), though only 10% say it is “very likely” to happen.”
- The survey supports a suggestion that recent tactics from conservative House Republicans to use the threat of a government shutdown as leverage over Democrats to extract concessions over spending may prove politically damaging.
- Voter perceptions over the use of a government shutdown appear to have shifted since the ouster of former speaker Kevin McCarthy (R-CA), leading to a more general increase in negative views of Republican leadership.
Figure 1: Use of Government Shutdown as a Bargaining Tool
Source: CNN
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.