What A Government Shutdown Could Mean For You
Portfolio Pulse from Nabaparna Bhattacharya
The House has passed a bill to fund the U.S. federal government for an additional 45 days, averting a potential government shutdown. Historical data shows that the economy has remained resilient during past government shutdowns. However, a shutdown could result in over 2 million federal workers facing furloughs or working without pay. Defense and healthcare sectors have historically rallied during shutdowns. Eli Lilly And Company (LLY), Novo Nordisk (NVO), and Lockheed Martin Corp. (LMT) are notable mentions in these sectors.
September 30, 2023 | 8:54 pm
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POSITIVE IMPACT
Eli Lilly And Company could see opportunities amid a potential government shutdown.
Historically, healthcare stocks have rallied during government shutdowns. Eli Lilly, being a significant player in the healthcare sector, could potentially benefit from this trend.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Lockheed Martin Corp. could see opportunities amid a potential government shutdown.
Historically, defense stocks have rallied during government shutdowns. Lockheed Martin, being a significant player in the defense sector, could potentially benefit from this trend.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Novo Nordisk could see opportunities amid a potential government shutdown.
Historically, healthcare stocks have rallied during government shutdowns. Novo Nordisk, being a significant player in the healthcare sector, could potentially benefit from this trend.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70