CNN explains Why the Government Shutdown Might Last Longer Than You Think.

CNN's reason is "human nature".

CNN then came to a brilliant conclusion: "The most likely scenario remains a relatively brief government shutdown."

In summary, human nature may cause the shutdown to last longer than you think, but most likely it won't. Thank you CNN.

Nuclear Option

Trump threatened the "Nuclear Option". That means Trump proposes the Senate change the rules so that only 51% are needed to end a filibuster instead of 60%.

That possibility ensures blockage will not go on indefinitely. At some point, Republicans would do just that.

Calculated Risk Poll

In an informal Twitter Poll, Bill McBride (Calculated Risk), asked followers what they thought.

I voted with the 57% (the top category, by January 28) but there are still a couple hours left and the percentages may change.

Zero Bowls of Popcorn

On Saturday, I wrote Government Shutdown Starts Today: Popcorn Rating, Zero.

Don't bother popping corn while waiting for fireworks. There won't be any fireworks. Some agreement will come, likely sooner than later, but long before anything significant happens.

Any bond selloff over this shutdown is unwarranted.

The shutdown itself merits no popcorn.

Amusing comments by CNN and political hacks provide the only reason to get out a bowl. We also have this question to consider.

Answers coming up, I expect shortly.

Mike "Mish" Shedlock

Recession is Here: How Long Will It Last?

I am curious about what people think about this recession. Here are four non-scientific polls I did on Twitter.

Government Shutdown Starts Today: Popcorn Rating, Zero

Ho hum. Another meaningless government shutdown started today.

No Government Shutdown, Just More Favors Spread Around

A government shutdown will be averted once again. The cost is a bunch of goodies spread around to buy enough votes.

Trumpian Silliness: UK MPs Propose Government Shutdown to Stop No Deal Brexit

Shades of Trumpian silliness: MP Dominic Grieve backs a motion to cut off Government funding in the event of no-deal.

GDP Estimates Tumbling Due to Shutdown: Build a Wall and Crime Will Fall

As the shutdown lingers, GDP estimates for the first quarter keep dropping. Meanwhile, Trump has a new slogan.

Greatest Shutdown Ever: Trump Says Shutdown Could Last Months, Even Years

Trump told Congress the shutdown could last years. He now considers declaring a national emergency to build the wall.

Turnover Under Trump: How Long Did They Last? Mish a Globalist?

With the resignation of Gary Cohn, Trump's economic advisor, let's recap moves in and out of the administration.

Sanity Check: Does Government Know How to Spend Your Money Better Than You?

Do you think the government can spend your money wisely, better than you? Think carefully.

Trump Signs Spending Bill ending Longest Gov't Shutdown in History

The government shutdown is over. President Trump caved in by signing a stopgap measure that included no wall funding.