With a US government shutdown looming, Raymond James strategist Jeff Saut has produced a table showing the performance of the S&P 500 before, during and after...
Livewire
With a US government shutdown looming, Raymond James strategist Jeff Saut has produced a table showing the performance of the S&P 500 before, during and after government shutdowns. The median movement of the market during a shutdown was a fall of 0.1%, with markets recording a positive result 47% of the time. In other words, according to history, the US government shutdown should not be a major trigger for a stock selloff. (VIEW LINK)
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise