Market reaction to shutdown is muted today, but won’t stay that way for long
Share Now on:
Here and abroad, market reaction to the government shutdown that started overnight has mostly been muted. But later this month, the country will hit the debt ceiling. Failure by Congress to raise it would get a much stronger reaction than we’re seeing this morning.
Juli Niemann, analyst with Smith, Moore & Company joins Marketplace’s Mark Garrison to discuss. Click on the audio player above to hear more.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.