The Week Ahead: Another Wave of Panic Selling?

As we ended last week with no end in sight for the government shutdown, the economists were weighing in on its potential impact. In a recent WSJ article, the conclusion was that "The furloughs are likely to knock 0.1 to 0.2 percentage point off the annualized rate of fourth-quarter economic growth for each week that it lasts." There are a wide range of views as some feel that the chances of a big economic shock and severe market decline have increased significantly while others worry about the c...