• Jacob Steinberg
    An event of default could easily push DJI below 10,000 and push the western world into another deep recession. $DIA $SPY
    10/15/13
    Reply (3)
    • Copious28: or depression...
      10/15/13
    • David Addison: I'd buy that dip. Only the businesses that depend on government subsidy would be truly affected; in other words, mostly the crappy ones.
      10/15/13
    • Toastypro: Even if there is no deal by Thursday, the real default happens on 10/31 as long as Treasury pays interest payments.
      10/15/13