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If Shutdown Isn’t Resolved, Stocks Could Fall 20-30%

Posted By Barry Ritholtz On October 7, 2013 @ 6:00 am In Video | Comments Disabled

We recorded this last Thursday at the Yahoo studios:


Click for video
shutdown months [1]
Source: Yahoo [1]





“It turns out the market really doesn’t care much if [the shutdown] is a day or a couple of weeks,” says Barry Ritholtz, chief investment officer of Ritholtz Wealth Management [2]. “Where it becomes a concern…is if weeks turn into months. If it goes past three or four weeks, that could take a big chunk off GDP, effect consumer confidence and really have an impact on earnings.”


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2013/10/if-shutdown-isnt-resolved-stocks-could-fall-20-30/

URLs in this post:

[1] Image: http://finance.yahoo.com/blogs/daily-ticker/stocks-could-fall-20-30-shutdown-isn-t-163201453.html

[2] Ritholtz Wealth Management: http://www.ritholtzwealth.com

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