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IEF - Delayed Economic Data Had An Effect On Stocks
iShares 7-10 Year Treasury Bond ETF
By Jim Iuorio
At a Glance
Stocks rallied during the government shutdown, bucking the historical trend. But there was a critical difference this time around.
As we put the government shutdown further and further into the rear-view mirror, it’s probably a good time to recap a few of the lessons learned.
The first is that the stock market doesn’t seem to care. Prior to this most recent shutdown, the statistics on past market performance during shutdowns was mixed to slightly negative. In the nine previous shutdowns (52 days total), the S&P 500 was unchanged for