REUTERS/Shannon Stapleton If the US government's shutdown lasts less than six or so weeks, the robust stock market will probably be fine. If the shutdown goes on longer than six or so weeks, according to economists, expect stocks to dip. But most economists didn't see the shutdown coming, and they estimate that both sides will negotiate eventually to avoid major harm to the economy. If the shutdown lasts just days or even a couple of weeks, the robust stock market that President Donald Trump has boasted about probably will emerge unscathed.

BING NEWS:
  • Wall Street falls on double dose of disappointing economic data
    Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sharp drop for Facebook’s parent company, one of Wall ...
    04/23/2024 - 1:00 pm | View Link
  • 5 reasons why the stock market's multi-week sell-off will end soon, according to a Wall Street bull
    "Equities had a strong first quarter 2024, so the fact that stocks are consolidating and even drifting lower is not entirely a surprise." ...
    04/21/2024 - 1:11 am | View Link
  • Wall Street Breakfast: The Week Ahead
    All eyes next week will be on the latest U.S. personal income and outlays report, due Friday. The data will also contain readings on the Federal Reserve's preferred inflation gauge - the personal ...
    04/21/2024 - 12:45 am | View Link
  • State Street Stands by Contrarian Bet Fed Will Cut Rates in June
    State Street Global Advisors is standing by a contrarian call for the Federal Reserve to cut interest rate as soon as June despite a string of hot economic data that has spurred most traders to push ...
    04/15/2024 - 11:17 pm | View Link
  • wall street
    Goldman Sachs recorded a 28% surge in quarterly profits -- topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street ...
    04/15/2024 - 3:28 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News