Last week, I wrote that the upcoming Kabuki theatre in Congress, over a
possible government shutdown and the debt ceiling, might convince the
Federal Reserve to postpone the QE tapering past its next rate - setting meeting in mid-September.
Shapiro of MFR says a July move is
possible, especially because of rising concern that September will feature a standoff over the
federal budget for fiscal year 2016 that could include another
government shutdown.