Arista Advice addresses the impact of government shutdowns on the stock market. Out of the 21 government shutdowns since 1976, 9 resulted in negative returns, 11 in positive returns, and 1 led to a one-day closure of the stock market on February 9th, 2018. The speaker urges viewers not to be overly concerned, emphasizing that such events are a reflection of temporary discord between the executive and legislative branches, which will eventually be resolved. Encouraging a focus on positive activities, the video advises engaging in personal pursuits and maintaining a perspective that allows politicians to handle their responsibilities while
individuals prioritize their own well-being.
Hello, welcome to Arista Advice! Question of the week is: "Paul, what happens during a government shutdown in the stock market?"
There have been 21 government shutdowns going back to 1976. So, out of the 21 government shutdowns that we've seen going back to 1976, nine of them, during the government shutdown, resulted in a negative return during that time. Eleven of them were positive, and one of them, February 9th, 2018, the government shutdown occurred for one day, and the stock market was closed. It's 50/50, so let's not get all wild, wound up, you know, putting a lot of emotions into this government shutdown.
It's a demonstration of our executive and our legislative governments that are at a discord, that are arguing and bickering back and forth. They'll get over it. Their constituents will call them and tell them to grow up, and they'll grow up and they'll find some middle ground. But until then, let's get out there and ride a bike, go for a walk, read a book, visit your neighbor, call your mother, call your brother, call your sibling, call a coworker, and do something positive and let the politicians be the politicians.
They're always going to be a nuisance to all of us, but until then, remember to go to AristaWealth.com to get other videos, tools, tips, and resources to help you live a life of significance.