MarketWatch — Hank Smith, Co-Chief Investment Officer, told MarketWatch, “I would characterize a shutdown as just the kind of political news that the market has demonstrated, over the past year, a willingness to ignore.” He said that “the market is reacting to GDP growth both here and abroad, and corporate profits, which are growing by double-digit rates and are healthy, interest rates that remain low despite a gradual uptick, and benign inflation.” Click to read article
