NEW YORK ( FMD Capital Management) -- Without a doubt, the market loves a good crisis. Whether it is the shutdown of the federal government, the looming debt ceiling deadline, or the ever-present debate over when the Federal Reserve will taper their asset purchase program.The media loves to latch on to the next potential catastrophic event and endlessly analyze the implications of a potential misstep by politicians. The pattern this year, like so many others, has been that the market fades in the weeks leading up to the deadline and then blasts off once a resolution has been reached.
The Politics of Investing, Before the Next Crisis
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