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Motley Fool Money

The Latest Shut-Down

Sep 29, 2023
40:31
Snipd AI
Discussion on the government shutdown and its effect on investors and federal employees. The FTC's antitrust case against Amazon and its implications for big tech. Earnings updates from Costco, Nike, and Carmax. Analysis of petcare marketplace Rover and its future prospects. Breakdown of two stocks to watch: EPAM Systems and Intercontinental Exchange.
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Podcast summary created with Snipd AI

Quick takeaways

  • Investors should maintain a long-term perspective during government shutdowns and be prepared for potential financial challenges.
  • Amazon's antitrust case may result in concessions, fines, or other outcomes, potentially impacting the company's relationship with third-party sellers and its dominance in the marketplace.

Deep dives

Government shutdown looms as investors brace for impact

With a government shutdown on the horizon, investors are preparing for potential volatility in the markets. While past shutdowns have not had a significant impact on the stock market in the long term, it is advised to maintain a long-term perspective and not panic or make hasty investment decisions. The potential impact on federal workers and contract workers is a concern, as millions could see delayed paychecks. This serves as a reminder for individuals to build emergency savings and be prepared for financial challenges.

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