H&W in the Media

Advisor Intelligence: Is The Government Shutdown A Convenient Excuse For A Market Pullback?

While it is true that there has not been a shutdown of the federal government in more than 17 years, the current partial shutdown of the federal government is the 18th such shutdown since 1976. According to a recent “Investment Insights” article from Ashvin Chhabra of Merrill Lynch, the market impact, in the short term, of a U.S. government shutdown – which has been the defined result of a failure of Congress to pass a budget since 1981 – has been relatively insignificant and perhaps slightly positive for equity investors.

Click here to read the entire article.