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Stock impact report

Markets may be too 'hardened' to react to gov't shutdown layoffs [Yahoo! Finance]

Siebert Financial Corp. (SIEB) 
US:NASDAQ Investor Relations: siebertnet.com
Company Research Source: Yahoo! Finance
Siebert Financial chief investment officer Mark Malek joins Morning Brief host Julie Hyman to discuss the shutdown, the possibility of furloughs becoming layoffs, and what it could all mean for markets ( ^DJI ^GSPC ^IXIC ) and investors. To watch more expert insights and analysis on the latest market action, check out more Morning Brief Video Transcript Speaker A So, um, shutdown. What are we thinking about the shutdown? Cuz as we've been saying, usually the market does okay through a shutdown. This morning things are down. It seems like this shutdown is causing a little, I mean there are always jitters at the beginning, but this one seems a little unique also. Speaker B Yeah, I mean, listen, you can't ignore the market backdrop, right? As as you and you covered just before, look, the markets are at pretty much all-time highs, tension is high. We have earnings just around the corner. So, I mean it's not so bad that the market's sort of reacting this way. Uh but, you know, Show less Read more
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