6 investor reactions to the shutdown and default
Cautious but patient, for now
On Oct. 3, TD Ameritrade polled retail investors to get their thoughts on the government shutdown and the potential for default. The survey found that although the issues have dampened their economic outlooks, few are changing their investment approach. Yet.
“Some investors likely aren’t adding positions or taking on new risk yet until there is a clear picture as to how the shutdown and debt-ceiling deadline will settle,” said JJ Kinahan, chief strategist at TD Ameritrade, in a news release.