The shutdown of the government may continue for months or even years as announced by the president. The markets have been quiet with several bounces off the 100.00 level. Rebalancing activity is suspected but hardly noticeable. It would be interesting if the buying generated by the index funds would propel the market to levels that would reverse other managed money and algos. For now we have a market with no reaction to a strengthening Real and burdened with algo selling.
« Back to index