When I was asked about this shutdown and whether investors should be worried about it, my original and current feeling is that it was just political brinkmanship and that some solution and comprise would be reached. That didn’t happen but I remain hopeful that some form of compromise will be reached by 17 October 2013.
...A Federal or US Government shutdown is not new. In 1995, then President Bill Clinton faced a 21 day Federal Government shutdown. The current situation is similar in that we have a Democrat controlled Congress and a Republican controlled Senate. That shutdown caused 2.2 million Federal workers to go on no-pay leave ...
