Government Shutdown

[VJoe571]

So now we are in a Shutdown mode and no news when it will restart.

I'm wondering how the market is going to react or is it going to continue melting up?

Could there be a selloff or correction?

Time will tell.

Learning as I go.

[SnareMV17]

"We" are not really in a shut down. In fact, 83% of the federal government is not in a shut down. Do you really think the market cares much about 17% of federal workers not coming in on Monday morning?

[wdd09]

OP,

Search for old posts/topics before posting another one exactly like it......

[evilanne]

Based on Friday, I think the market approves of government shutdowns...less interference in the markets plus certainty & stability as politicians can't pass anything major.

[Scarfinger]

So now we are in a Shutdown mode and no news when it will restart.

I'm wondering how the market is going to react or is it going to continue melting up?

Could there be a selloff or correction?

Time will tell.

Learning as I go.

During the 2013 shut down (13 days)... The market was basically even.

[cswift01]

There is reason to worry (https://www.usatoday.com/story/money/bu ... n/3002745/), but I'm not sure if the shutdown will be as painful as last time.

[evilanne]

So are you getting furloughed?

[mjedlin66]

The longer we stay on shutdown, the more I can power through big updates to TSPCalc. So write your congressman to keep the deadlock.

[marine234]

ShutDown does not look to be effecting the Market and Wage Grade here at a Power Plant, so still on the job. Luck all.

[cswift01]

The longer we stay on shutdown, the more I can power through big updates to TSPCalc. So write your congressman to keep the deadlock.

Haha, very nice.



me

[VJoe571]

It looks like a settlement is at hand. I'm wondering if a selloff is next or profit taking after the President approves the bill? The market seems so unstable when you compare it to past rallies. There has to be a reversal, sooner or later.

Learning as I go.

[SnareMV17]

Unstable how? The media keeps spitting all sorts of nonsense about fire and brimstone when it comes to the Trump Admin and GOP, yet the market keeps on truckin'.

[VJoe571]

That is what I mean, the market keeps on truckin. For example, last week we had a 100 points drop and the next day, over 300 points gained.

Learning as I go.

[dougellen1]

"There is reason to worry, but I'm not sure if the shutdown will be as painful as last time."

The government shutdown the last time (2013) resulted in a 3.1% GAIN in the stock market. Where do you get your facts?

[SnareMV17]

"There is reason to worry, but I'm not sure if the shutdown will be as painful as last time."

The government shutdown the last time (2013) resulted in a 3.1% GAIN in the stock market. Where do you get your facts?

Probably CNN... (That was a joke, guys! geez lighten up!)