Stocks Could Fall 20-30% if Shutdown Isn’t Resolved Soon: Barry Ritholtz

dimanche 6 octobre 2013

FILE - In this Wednesday, Oct. 2, 2013 file photo, trader Kevin Walsh works on the floor of the New York Stock Exchange. Stock futures were rebounding before the opening bell Friday, Oct. 4, from a significant sell-off over the past two days, but major averages that have been rattled by the partial government shutdown appear to be headed for a weekly loss. (AP Photo/Richard Drew, File) The government shutdown and the looming debt-ceiling deadline are dominating headlines but haven’t really made much of a dent in the stock market. Heading into Friday’s session, where major averages are up modestly in recent trading, the S&P was still within 3% of its all-time high, reached on Sept. 18. “It turns out the market [...]








via Business News - Yahoo Finance http://finance.yahoo.com/blogs/daily-ticker/stocks-could-fall-20-30-shutdown-isn-t-163201453.html

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