The Longer It Lasts, The More A Shutdown Could Hurt The Economy

Ted

FYI: The early days of the federal government shutdown won’t slow the American economy much. No workers are missing paychecks yet, and because it is a weekend, few businesses expect to feel the effects of lost customers or suppliers.

That could change, quickly, if the impasse drags out. The longer the government is shut down, the bigger the economic impact — and this time, the bigger the chances that the economy’s recent growth spurt could stall, at least temporarily.
Regards,
Ted
http://www.cetusnews.com/news/The-Longer-It-Lasts--the-More-a-Shutdown-Could-Hurt-the-Economy.rk7bCtVZBz.html

hank

I’ll hijack Ted’s post with a slightly different take. Do you think the shutdown (and bitter divisiveness) will cause a hiccup / pullback / correction, etc. in the stock market? Or is it still full speed ahead? Guess we’ll soon know.

msf

I've given up guessing. So far, the stock market has played the metaphorical crowd witnessing Trump shoot someone in the middle of 5th Ave. Move along, nothing to see here.

Longer term, an extended shutdown will harm the economy. But that could just be a slowing, rather than a stall. And the market could shrug that off as well (despite profits being lower than they might otherwise have been).

Who knows? But I guess that's why you asked.