savings safety: Also, amid fears of a lapse in paychecks to government workers, more attention has been focused on the fact that four out of five U.S. workers live without a savings safety net, according to Market Watch. Read White House doubles estimates of shutdown impact on CNBC Unfortunately, there doesn't seem to be any end of this record-long shutdown in sight. In fact, JPMorgan Chase CEO Jamie Dimon has warned that U.S. GDP could be reduced to zero in the first quarter if this partial shutdown continues significantly longer. And even if a short-term bill manages to provide funding, history shows these fights are a regular occurrence and another shutdown is far more likely than a long-term solution. Shutdown-proof Senior housing REITs Despite demographic tailwinds from an aging Baby Boomer population, things haven't been great for senior housing REITs in the last few years. So is there anything investors can learn from the current mess to make their portfolio shutdown-proof While admittedly there are no stocks 100% tied to U.S. federal spending trends, there are several trades that are likely to do well even in the event of another funding lapse and several obvious victims suffering headwinds amid the political infighting.
(news.financializer.com). As
reported in the news.
Tagged under savings safety, shutdown impact topics.