The Week Ahead: A Fog of War

A chart of the stock market over the last five trading days closely resembles a roller coaster -- it's been up and down and has had some violent turns over the last few days. You know the cause: the government shutdown and the gridlock in Washington, D.C., as eyes turn to the looming debt-ceiling debate. Regardless of your politics, you have to recognize that the government shutdown is going to be a drag on the economy to the tune of 0.1% to 0.2% of gross domestic product per week.

Chief executive officers at companies like Honeywell (HON) and JetBlue (JBLU) say a prolonged shutdown of the U.S. government has the potential to jeopardize the U.S. economic rebound. Furloughs have also been announced by government contractors, including Lockheed Martin (LMT) and United Technologies (UTX), and Boeing (BA) anticipates a disruption to its delivery schedule because of approvals needed by furloughed inspectors from the Federal Aviation Administration (FAA) inspectors....597 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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