Jeff 11:23 am on Thursday, December 20, 2018

Let’s add gov’t shutdown to the mix!

Average S&P 500 stock is now
D
O
W
N
over 25% from its 52-week high. https://t.co/RXsMXKjJaR pic.twitter.com/Ov9xJk0h6R

— Bespoke (@bespokeinvest) December 20, 2018

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fuzzballl 11:41 am on Thursday, December 20, 2018

Not sure why the shutdown is such a big deal amongst the talking heads. It’s only a partial affecting about 15 percent of the overall bloated, red tape factory anyway. And if history is any guide, everyone will get full back pay including overtime they “would have” worked. Nice paid vacation over the holidays and grandma will still get her check.

🙂 🙂
- Jeff 11:42 am on Thursday, December 20, 2018
  
  I know… it seems anything and everything is an excuse to sell. Gov’t shutdowns always “spook” the market, and although they certainly cost the gov’t some money, it never makes much sense why.