Not As Bad As You Think

While the fiscal circus in Washington is not a plus for economic growth, there are other factors which lead me to be a bit optimistic. The market seems to agree, so far this year the S&P 500 has gained 21% while the Dow is up 17%. If you have been listening to all the media hype and are sitting on the sidelines, shame on you. We all know that we will face the debt issue again in several months. But, under current conditions, the government shutdown will only reduce the GDP growth rate by...