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US Government shutdown: effect on stocks
By Singapore Stocks Investing (SSI)  •  October 2, 2013
The US government has shut down after the two sides: the Republicans and the Democrats did not agree on a common framework on the US debt ceiling. Even though the US government has shut down, Singapore investors seem not to pay heed to this with the STI heading north by 0.4% on the day of the US government shutdown on 1 Oct 13. Even at this time of writing (2 Oct 13), the US stock indices are heading north. I believe most of the investors, be they in Singapore or even in the US are already quite tired of the kind of political games that the two sides of the US government are engaging, however having said that, I believe investors worldwide are still taking into considerations of all the moves that the US side is making, be they in the debt ceiling or the Quantitative Easing.

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By Singapore Stocks Investing (SSI)
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