It's Day 22 of the Government Shutdown. Here Are 3 Sectors and Stocks That Are Struggling
The longer Washington stays closed, the more Wall Street starts to notice. At least, that's the theory most investors subscribe to. After all, federal government spending accounts for nearly a quarter of U.S. gross domestic product (GDP). When that much economic activity suddenly stops, the ripple effects can start to pile up quickly.Employees and contractors stop getting paid. Permits and approvals grind to a halt. Sentiment starts to wobble, and the businesses that depend -- directly or indirectly -- on that spending face the consequences.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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