Government Shutdown Threatens to Freeze 2022 IPO Market

IPO market has been struggling in 2022
Possible government shutdown threatens to halt IPOs completely
SEC needs funding to review IPO registrations
No IPOs can launch during a shutdown without SEC approval
2022 IPO proceeds down 97% from 2021 amid market volatility

barrons.com

Relevant topic timeline:

9/9/2023

Government Shutdowns Typically Have Limited Market Impact, But Prolonged Standoff Could Spook Investors This Time

A potential government shutdown could have limited impact on the stock market, but could reduce economic growth by 0.15 percentage points per week and potentially cut 1.2 percentage points from fourth-quarter growth; however, the market tends to be unaffected by shutdowns and is more influenced by corporate developments and macroeconomic factors.

9/21/2023

Government shutdown unlikely to disrupt markets or economy

Investors shouldn't worry about a government shutdown as it is unlikely to have a significant impact on the markets.

9/21/2023

Congress Faces Risk of First Government Shutdown Since 2018's Record 34-Day Closure If New Funding Deal Isn't Reached

The US government faces a potential shutdown if Congress fails to agree on funding past September 30, which would be the first shutdown since December 2018 and could result in a longer standoff between parties.

9/24/2023

Government Shutdown Looms if Budget Deal Not Reached, But Impact Likely Short-Term

A government shutdown on October 1 is likely, but it is not expected to have a significant impact on financial markets or cause an economic recession.

9/27/2023

Government Shutdown Likely to Delay Crypto Regulation and Legislation

The possibility of a government shutdown in the U.S. could have negative implications for the crypto industry's regulatory progress and projects, similar to the effects seen in the previous shutdown in 2018 and 2019, with delays in approvals and a withdrawal of a bitcoin ETF application.

9/27/2023

Invesco Strategist: Government Shutdown Could Cause Short-Term Market Volatility

The impending government shutdown may have an impact on the financial markets, according to Kristina Hooper, Chief Global Market Strategist at Invesco.

9/27/2023

SEC Warns of Crippled Operations If Government Shuts Down

A government shutdown would severely impact the U.S. Securities and Exchange Commission's ability to approve IPOs and respond to market turmoil, according to its chair, Gary Gensler.

9/27/2023

SEC Weighing Response to Court Ruling Favoring Bitcoin ETF Approval

The Securities and Exchange Commission is still considering Bitcoin exchange-traded funds, but a potential government shutdown could cause delays.

9/28/2023

U.S. Government Barrels Toward Shutdown That Would Halt Paychecks and Services

Millions of Americans anticipate a government shutdown as Congress struggles to pass a budget, potentially causing a short-term stock market gain.

9/29/2023

Government Shutdown Risk Clouds Fed's Fight Against Inflation

A potential government shutdown in the US may lead to a delay or absence of the September consumer-price index report, which would complicate decisions for financial markets and the Federal Reserve.

10/2/2023

Markets Mixed as Yields Rise, Congress Averts Shutdown

Major market averages are mixed on Monday morning as Congress avoids a shutdown for now, with the bond selloff continuing; however, the US averted a shutdown just before the deadline, which will keep the government running until November 17th.