Around St . Louis for instance, old bridges, rocky roads and tight ramp loops have led to a shutdown of parts of Interstate 64/Highway 40 — one of the most important corridors in the state — until late 2009.
And the longer the shutdown goes on, the greater chance of tighter budgets and that more staff could be furloughed.
Alaron oil trader Phil Flynn says the effect of a big shutdown by BP is mostly psychological, given the tight production landscape.
We would sit tight on buying more JP Morgan and Capital One Financial for the moment, as JPM is most exposed to the shutdown of the credit market shutdown and COF is perceived to be highly exposed to the consumer.
While we assess the damage of the shutdown, and regroup and prepare for the next round of cuts from sequestration and tight budgets, the rest of the world is marching on.
AURA and the FBI have been extremely tight-lipped about the situation at Sunspot, which led to wild speculation about what caused the shutdown at the facility.
"The unprecedented shutdown of American air travel and tightened border restrictions induced dramatic curtailments of production at some establishments with tight, just-in-time supply-chain practices, most notably in the motor vehicle industry," Greenspan said.
The government shutdown, rompified.
