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

We recorded this last Thursday at the Yahoo studios:


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shutdown months
Source: Yahoo





“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. “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.”


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