Author Topic: Here’s what happened to the S&P 500 last time the government shut down (Support Shut Down!)  (Read 1537 times)

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Offline ABX

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...He notes that the peak-to-trough decline associated  with the shutdown of the U.S. government between Dec. 16, 1995 and Jan. 6, 1996 saw the S&P 500 drop 3.7%, “only to witness a jump of 10.5% in the subsequent month.

http://blogs.marketwatch.com/thetell/2013/09/26/heres-what-happened-to-the-sp-500-last-time-the-government-shut-down/?link=sfmw_fb


Also a reminder, when the government shut down in 1996, the same scare comments were used but it led to a balanced budget that those who were beating the fear drum, then took credit for. (cough, Bill Clinton, cough).

Don't be afraid of a government shut down if it forces the budget to balance. It is the ever expanding debt we should fear.  Support the shutdown.

Offline Rapunzel

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and we elected two Republicans to the senate that year.  Clinton won because Dole was ....... well  Dole.
�The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.� G Washington July 2, 1776