Markets Don't Care That The Government Just Shut Down
Oct 1, 2013, 13:06 IST
Well, we're less than 4 hours into the Federal Government Shutdown - the first one in 17 years - and so far markets don't care.
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Things were red on Monday, once it became obvious that this would happen.
But so far today the mood is meh.
Asian stocks finished higher.
European stocks are higher: Italy is up 0.7%. Germany is up 0.3%.
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And US futures are modestly higher.
Here's a look at overnight futures. You can see the lack of drama.
Until this becomes a big, drawn out thing, there's no good reason to freak out.