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Stock Oct 2013 - "Uncertainty Rocks the Boat"

Stock Oct 2013 - "Uncertainty Rocks the Boat"

Stock Oct 2013 - "Uncertainty Rocks the Boat"

Excerpt


Uncertainty Rocks the Boat



Perhaps investors have grown hardened to budget wrangling and warnings of government shutdowns – or perhaps they’re weary of the politicking. Whatever the reason, U.S. investors scarcely responded to the impending government shutdown – the first in 17 years. Many investment experts believe that the initial impact of a shutdown will not be especially significant on the forces that influence the markets – and most are betting that the shutdown will not last for long. If the shutdown drags on and solutions cannot be found to the deficit debate, worries will mount. In an unprecedented move, some 250 industry groups signed a letter put together by the U.S. Chamber of Commerce on Sept. 30 calling for a quick resolution to the stalemate. Meanwhile, investors trying to keep track of the situation are seeing some contradictory, confusing trends at play. Here’s a summary of some of the month’s major talking points:


 


 


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