The threat is worse than the execution. Stocks going up on threat that the senate will pass a bill to avert shutdown. Okay, it will be announced. Then the threat will be that the house won't pass it. So it will go down. Then probably it will go down to wire in house. And perhaps the first time they vote they won't pass it, but then a change will be made to avert catastrophe, and then the market will be ready to go down again. Just a prediction in general based on board logic. 





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2 Comments so far

  1. Matthew on October 16, 2013 2:37 pm
  2. duncan on October 17, 2013 9:13 am

    With resolution this will all be portrayed as a big win for the Dems. However, I see something Brear Rabbit like in the outcome and the debate for the next 3-4 months will remain on spending cuts and deficits as the Reps continue the strategy of trying to starve the beast which has been successful as the lower deficit ratios show and at least a flat nominal rate of government growth if not declining.


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