Will the Government Shut Down in November? What Investors Should Be Watching

7
Comment
Favorite

Will the Government Shut Down in November? What Investors Should Be Watching

InvestorPlace2023-10-06

According to some experts, we are closer than ever to a government shutdown heading into November.However, other experts think that a shutdown wouldn’t be a bad thing for stocks at all.Investors can ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1179445772?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-10-06 17:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1179445772","market":"us","top_or_hot":-1,"title":"Will the Government Shut Down in November? What Investors Should Be Watching","media":"InvestorPlace","content":"<div>\n<p>According to some experts, we are closer than ever to a government shutdown heading into November.However, other experts think that a shutdown wouldn’t be a bad thing for stocks at all.Investors can ...</p>\n\n<a href=\"https://investorplace.com/2023/10/will-the-government-shut-down-in-november-what-investors-should-be-watching/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will the Government Shut Down in November? What Investors Should Be Watching</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWill the Government Shut Down in November? What Investors Should Be Watching\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-06 17:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/10/will-the-government-shut-down-in-november-what-investors-should-be-watching/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>According to some experts, we are closer than ever to a government shutdown heading into November.However, other experts think that a shutdown wouldn’t be a bad thing for stocks at all.Investors can ...</p>\n\n<a href=\"https://investorplace.com/2023/10/will-the-government-shut-down-in-november-what-investors-should-be-watching/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://investorplace.com/2023/10/will-the-government-shut-down-in-november-what-investors-should-be-watching/","article_id":"1179445772","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1179445772","pubTimestamp":1696585007,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"According to some experts, we are closer than ever to a government shutdown heading into November.However, other experts think that a shutdown wouldn’t be a bad thing for stocks at all.Investors can pare back their stock holdings if they’re still worried about a shutdown.It was a photo finish. At the end of September, with just 45 minutes to spare, Congress managed to push through a stopgap spending bill and avoid an imminent government shutdown. Don’t celebrate yet, though, as a shutdown could ","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"translate_title":"政府会在11月关门吗？投资者应该关注什么","themeId":"46778d7d42be4bfc92705f7cffd6738c","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":1.1,".IXIC":1.1,".SPX":1.1},"content_text":"According to some experts, we are closer than ever to a government shutdown heading into November.However, other experts think that a shutdown wouldn’t be a bad thing for stocks at all.Investors can pare back their stock holdings if they’re still worried about a shutdown.It was a photo finish. At the end of September, with just 45 minutes to spare, Congress managed to push through a stopgap spending bill and avoid an imminent government shutdown. Don’t celebrate yet, though, as a shutdown could still happen in November. If that happens, there will be repercussions throughout the U.S. economy and financial markets.The Sept. 30 bill that President Joe Biden signed was only a temporary measure. It extended the deadline for a full 2024 spending bill by 45 days. So, there could be a crisis coming in mid-November.Making matters worse, Speaker of the House Kevin McCarthy just got voted out of his position. This event could lead to gridlock in Congress and therefore a high probability of a shutdown. So, what does all of this mean for the financial markets over the coming months?Could a Government Shutdown in November Be Good for Stocks?The most obvious conclusion is that a November government shutdown would be bad for large-cap stocks. Or, in the words of Stifel chief Washington policy strategist Brian Gardner, the markets “might react negatively to government dysfunction.”It’s an easy conclusion to make, as the financial markets often don’t respond favorably to surprises. To quote Greg Valliere, chief U.S. policy strategist at AGF Investments, “We’ve never seen anything like this.”On the other hand, perhaps we should expect the unexpected on Wall Street. After all, when most stock traders think one thing is going to happen, oftentimes something else happens.Furthermore, the market is highly efficient and hasn’t priced in a full-on crisis. To quote Sam Stovall, chief investment strategist at CFRA Research:“Despite the likelihood of a government shutdown, Wall Street has so far just yawned and said, ‘Here’s another example of how Congress can teach Hollywood a thing or two about drama.’”Thus, the market’s efficiency could allow it to stay resilient throughout this crisis, which may turn out to be a non-crisis. Ryan Detrick, chief market strategist at The Carson Group, suggests that the “market knows this will be resolved and tends to look forward, past the scary headlines.” Consequently, government shutdowns “don’t have to be bearish.”What You Can Do NowIf you’re still worried about a November government shutdown, you don’t have to divest all of your stock holdings. Instead, you can just cut back but also hold onto some of your highest-conviction stocks.Alternatively, you can simply allow the ultra-efficient stock market to resolve the situation on its own. America has survived government shutdowns in the past, and as the trading community knows, this crisis will pass as well.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":7,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}