Marc Aarons @ Money Managers Inc Presents 2013 Q3 Economic Update
2013 Q3 Economic Update Presented by Marc Aarons at Money Managers Inc.
A Short-Term Deal Ends the Shutdown
At the eleventh hour, a default is averted. After weeks of contention, a bill to reopen the bulk of the federal government and raise the debt ceiling made its way to the White House late Wednesday. President Obama signed the bill into law shortly after midnight, and by the middle of Thursday’s trading day, both the S&P 500 and the Russell 2000 had reached all-time highs.1,2