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Government Shutdown | Client Letter by Jeffrey Kleintop, CFA

 

October 1, 2013 - The United States and Iran have been opening up new channels to communicate and negotiate, punctuated by a phone call this week between the U.S. and Iranian Presidents, after many years of a standoff. Ironically, this historic event occurred while a domestic standoff in Congress has shut down the U.S. government for the first time in 17 years.

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