'It Seems the Markets Are Being Spooked by Everything,' Says Pimco's Cantrill

The video discusses the potential for a partial government shutdown, noting that 80% of the government is already funded, so the economic impact may be minimal. However, it highlights the political brinkmanship involved, especially with the Mexican border wall funding. The discussion covers market reactions to political risks and the lack of support for the $5 billion wall funding, suggesting a possible resolution in January when Democrats gain more leverage.

How much of the government is already funded for the next year according to the speaker?

What is the base case regarding the likelihood of a government shutdown mentioned in the text?

What is the speaker's perspective on the impact of a partial government shutdown on the markets?

What does the speaker suggest about the Republican members' views on the shutdown?

What are the potential political consequences of a government shutdown during the holiday season?