Wednesday, October 16, 2013

Yay, we have a compromise....and another short term deadline!

Video Source: Wall Street Journal

So the government is funded for another couple of months before we are again looking over the edge of the seemingly bottomless abyss.  Nothing dire happened as I predicted might happen, but I did expect that if there was a compromise that it would be very short term and that's exactly what we got.  Running a country three months at a time is no way to put individuals or the markets minds at ease.  The market did react positively, but is this something that we should have to experience every couple of months?  Of course the answer is NO, but perhaps this is the new norm?

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