Raising the Debt Ceiling

Market reaction to shutdown is muted today, but won’t stay that way for long

Juli Niemann Oct 1, 2013
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Raising the Debt Ceiling

Market reaction to shutdown is muted today, but won’t stay that way for long

Juli Niemann Oct 1, 2013
HTML EMBED:
COPY

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.

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