Potential Impact of Government Shutdown on Stocks, Economy, Government Programs, and Workers

by | Oct 11, 2023 | Invest During Inflation | 19 comments




The 2023 fiscal year has brought many surprises upon investors — some more welcome than others, such as August’s PCE report pointing to cooling inflation. Some investors are concerned with all the recent headwinds and volatility in the market, wondering where they should park their money. Interactive Brokers Chief Strategist Steve Sosnick joins Yahoo Finance to break down recent market developments and offer insights to investors as to where they should be paying attention. “If the market is reassessing the risk/reward, you should be doing the same,” Sonick says on short-term investing. Commenting on the direction of interest rates in 2023, Sosnick is looking to keep investments in cash, since “you’re getting some yield. Actually if inflation is quiet, we get real yield. You’re not even losing money vis-a-vis inflation”. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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19 Comments

  1. T.M.

    Just pass it.

  2. will b

    Hahaha Biden hasn't done anything to cause this thats a good one I gotta remember that one

  3. Alisha Tate79

    The funeral services for United States of America
    will be held at :
    Eternal Damnation Baptist Church,
    6606 DeadEnd Drive
    Hells Gate C.A. 90210
    DATE:10/31/2023
    TIME: 06:66

  4. Alisha Tate79

    DEW ENTERS CHAT…………..
    Does this mean that I will not get paid for my attack on Maui?
    and is the implementation of the fake alien invasion funding for me (DEW) to start next ? Answer the phone , says DEW.

  5. C D P

    When the government shuts down, look and see what they shut down… there is your government waste.

  6. pink

    A government shutdown!? So were safe for a little while. Whew.

  7. oyk 1

    FAKE NEWS STOP COVERING FOR BIDEN, JUST COVER THE AND KEEP YOUR OPINION TO YOURSELVES

  8. Charlie Lopez

    Shut it down, abolish the treasonous federal government. See who really cares

  9. Tony Tran

    Wasted American taxpayers

  10. Tony Tran

    No fund for biden and his administration

  11. LibertyMatrix

    "America is the country that gives out credit scores for its citizens. America which is 33 trillion dollars in debt has the balls to give you a credit score." ~Clayton Morris

  12. Sam Tung

    Leave it to Elon Musk to help show the southern border crisis and possibly help push to keep the government open.

  13. Tammy Alban

    The Government needs to shut down.

  14. Mube Darbe

    Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022<<<

  15. SheepMan

    The government needs to do something about its spending problem.

  16. Darth Julianus

    Government programs and workers don’t take precedence over an entire population. Democrats love to drum on about ‘democracy’. Start acting like it then

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