What Will the Government Shutdown Cost?

The most important issue facing the US markets and economy is the pending government shutdown. If this expands into a debt default, the implications reach worldwide. As I accurately forecast last week:

“Despite a busy economic calendar this week will focus on Washington and the inability to compromise on important decisions. There are two key questions:

• Can a government shutdown be avoided?
• Will the U.S. default on its debt, by failing to raise the debt ceiling?”

The background and discussion still reads well, so I urge readers to check that out as a refresher.

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The Intelligent Investor: The Definitive Book on Value Investing.   Benjamin Graham, Jason Zweig and Warren E. Buffett

Original content +Bob DeMarco , All American Investor