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will stock market tank if shutdown continues for a while?

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Views: 537
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Banned
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Joined: Aug, 2009
Posts: 268
Posted: #1
Got substantial investments of market.. don't want a repeat of 2008
 
Covers Linesmen
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Joined: Feb, 2003
Posts: 58463
Posted: #2
No the market is fueled based on one thing, the FED. The market goes up because the FED is inflating it..earnings are poor, unemployment isnt good, the economy is stagnant and it all does not matter.

If we get close to a default then the market will react and it will react swiftly.
 
 
Prospect
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Joined: Oct, 2013
Posts: 1
Posted: #3
It also depends upon the people and also upon the prices for the stock.

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