General Category > Politics/Government

Here’s what happened to the S&P 500 last time the government shut down (Support Shut Down!)

(1/1)

ABX:

--- Quote ---

...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


--- End quote ---

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.

Rapunzel:
and we elected two Republicans to the senate that year.  Clinton won because Dole was ....... well  Dole.

Navigation

[0] Message Index