PANews, October 3 - Adam Turnquist, Chief Technical Strategist at LPL Financial, noted in a report on Wednesday that there have been 50 government shutdowns in the United States since the mid-1970s, lasting an average of 8 days, while the average returns of the stock market one month and three months after a shutdown are both positive. He wrote: "Although the government shutdown in the U.S. brings a new layer of uncertainty to the markets, historically, shutdowns have been of short duration and thus have a minimal impact on the economy. Investors tend to overlook budget-related disruptions, focusing more on corporate earnings, overall economic trends, and other key macroeconomic factors."
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Historical data shows that the average return rate of U.S. stocks is positive one month and three months after a U.S. government shutdown.
PANews, October 3 - Adam Turnquist, Chief Technical Strategist at LPL Financial, noted in a report on Wednesday that there have been 50 government shutdowns in the United States since the mid-1970s, lasting an average of 8 days, while the average returns of the stock market one month and three months after a shutdown are both positive. He wrote: "Although the government shutdown in the U.S. brings a new layer of uncertainty to the markets, historically, shutdowns have been of short duration and thus have a minimal impact on the economy. Investors tend to overlook budget-related disruptions, focusing more on corporate earnings, overall economic trends, and other key macroeconomic factors."