I was hoping not to write about the Government Shutdown and the looming debt ceiling. But with us entering the second week of this madness it is becoming hard to ignore and my European friends are beginning to send concerned or enraged emails. So here are my current views. 1. I may be in the minority here but I believe the financial markets would not completely seize up on a technical default by the government. It wouldn’t be pretty but I think enough folks understand the difference between t...

I was hoping not to write about the Government Shutdown and the looming debt ceiling. But with us entering the second week of this madness it is becoming hard to ignore and my European friends are beginning to send concerned or enraged emails. So here are my current views. 1. I may be in the minority here but I believe the financial markets would not completely seize up on a technical default by the government. It wouldn’t be pretty but I think enough folks understand the difference between t...