So, in a scenario like this it only makes sense that there's going to be a pullback - especially under these circumstances. This probably would've happened even if there was no government shutdown or danger of default in play, but these latter forces definitely will affect the markets negatively. A crash like we've seen in 2008? Most likely not. I believe most traders, investors and analysts need to keep their heads cool and simply use common sense. Wait for a good entry point. There may be some great bargains once this blows over.
Wednesday, October 16, 2013
Markets won't crash Thursday if there's no deal
So, in a scenario like this it only makes sense that there's going to be a pullback - especially under these circumstances. This probably would've happened even if there was no government shutdown or danger of default in play, but these latter forces definitely will affect the markets negatively. A crash like we've seen in 2008? Most likely not. I believe most traders, investors and analysts need to keep their heads cool and simply use common sense. Wait for a good entry point. There may be some great bargains once this blows over.
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