U.S. government shutdowns, which hurt federal workers who go on furlough and taxpayers in need of federal services, have not caused major disruptions to financial markets in the past.

Investors expect nothing different from the shutdown that could begin on Saturday.

“It’s more a political event than an economic one,” said Alessio de Longis, portfolio manager with OpperheimerFunds’ global multi-asset group in New York. “We have been in this situation before.”

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