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View Poll Results: What Will a Gov't Shutdown Mean for the Stock Market?

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  • It will go up

    6 17.65%
  • It will go down

    13 38.24%
  • Not sure

    15 44.12%
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Thread: What Will a Gov't Shutdown Mean for the Market?

  1. #1

    Default What Will a Gov't Shutdown Mean for the Market?

    POLL

    Without getting into the political aspects of this, and the sobering fact that this could have an impact on the lives of many of our members:

    What will a Gov't shutdown mean for the Stock Market?
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.


  2.  
  3. #2

    Join Date
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    Default Re: What Will a Gov't Shutdown Mean for the Market?

    I've wondered that myself. I suppose it depends on how freaking contentious the whole thing gets. But besides how the market might react, what about our ability to move funds in TSP?

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  5. #3

    Default Re: What Will a Gov't Shutdown Mean for the Market?

    Quote Originally Posted by coolhand View Post
    But besides how the market might react, what about our ability to move funds in TSP?
    I didn't even think of that.

    The market does tend to like gridlock in Washington, and that would be the positive, but that may not help us if the TSP is closed.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

  6.  
  7. #4

    Join Date
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    Default Re: What Will a Gov't Shutdown Mean for the Market?

    Looks like you need a contingency plan.

    Quote Originally Posted by tsptalk View Post
    I didn't even think of that.

    The market does tend to like gridlock in Washington, and that would be the positive, but that may not help us if the TSP is closed.

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  9. #5

    Default Re: What Will a Gov't Shutdown Mean for the Market?

    When will we know if the TSP will be open if there is a shutdown, nothing on the stupid website we are paying for.
    I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.

  10.  
  11. #6

    Join Date
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    Default Re: What Will a Gov't Shutdown Mean for the Market?

    I'm calling to find out!

    Miss Brandy says they are NOT affected by the shutdown!
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund

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  13. #7

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    Default Re: What Will a Gov't Shutdown Mean for the Market?

    The public will take it as a savings to the tax payers but don't know it may be a overall loss because goverment employees get backpay, contractors get paid because of contracts and there is more overtime than normal to catch up the backlog of work. They should just give everyone a two week layoff with unemployments benifits like factories do for summer shut downs, instead of vacations, to save the two week payroll.
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

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  15. #8

    Default Re: What Will a Gov't Shutdown Mean for the Market?

    Quote Originally Posted by Frixxxx View Post
    I'm calling to find out!

    Miss Brandy says they are NOT affected by the shutdown!
    Good. They should still notify us by the website.
    I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.

  16.  
  17. #9

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    Default Re: What Will a Gov't Shutdown Mean for the Market?

    A government shutdown means the people working the Lincoln m
    Memorial and other sites will be staying home. The rest will be working, right? Just the rumor I read this morning.
    Ended 2011 with 4.3%. Well, at least it was positive.


  18.  
  19. #10

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    Default Re: What Will a Gov't Shutdown Mean for the Market?

    Quote Originally Posted by FAB1 View Post
    Good. They should still notify us by the website.
    Wow, that's what I told them!

    She said it would since call volumes increased for that question!

    We'll see!
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    100%- I Fund

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  21. #11

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    Default Re: What Will a Gov't Shutdown Mean for the Market?

    Those who actually answer the phones at the call center are no longer Federal employees. They used to be, until it was contracted out under the prior President .


    Those answering the phones today at TSP are contractor emplpoyees, and the contract runs year to year.

    A shutdown should not affect the ability to move money around in the TSP.

    (No special knowledge- just my thoughts on the subject).

  22.  
  23. #12

    Default Re: What Will a Gov't Shutdown Mean for the Market?

    Quote Originally Posted by James48843 View Post
    Those who actually answer the phones at the call center are no longer Federal employees. They used to be, until it was contracted out under the prior President .


    Those answering the phones today at TSP are contractor emplpoyees, and the contract runs year to year.

    A shutdown should not affect the ability to move money around in the TSP.

    (No special knowledge- just my thoughts on the subject).
    James thats one of the most sensible things I have ever seen you post.

    And thats a compliment. Really
    I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.

  24.  
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