Insider Trading? Could *someone* bet on a stock market fall?

[BlueStreak]

5. The lack of transparency is appalling. However,

Anybody betting on this is taking a pretty big gamble. The Wall Street people have already factored these shenanigans into the market pricing. They know that nothing really significant happens for a few weeks. This is a manufactured deadline. The teabaggers manufactured the crisis and Obama manufactured the date certain. Obama won that skirmish, but nobody on Wall Street is confused by that. They know it is all Kabuki theater.

Having said that, we do need to get it settled and move on, and today is as good as any day to do that. If it drags into November, the market won't like that. And there is no doubt the govt shutdown has caused some loss of economic momentum. If that continues, the market will have to adjust downward, but not necessarily this week.