With Trump in charge and the quickly approaching debt ceiling issue, we look at the affects of as possible shutdown. When the government legally runs out of the right to spend money, then they must find a solution. Either raise the debt ceiling or choose not to and allow the government to shutdown until a solution can be found. The last shutdown was in October of 2013, and lasted from October 1-16. So how does it affect the stock market? Should you be concerned? For answers we look at the history of the government shutdowns and the affects it had on the market. Overall, it impacts the emotions of investors and leading up to the shutdown the stocks tend to stay the same or decline some. The interesting bit is that after shutdowns, historically the market rallies big time. Hopefully we can avoid the shutdown scenario altogether this time. No guarantees that it will follow the same pattern as other shutdowns in our nation’s history.
https://youtu.be/mD91Cvu8Ou4