Graham Stephan: SPY will rise

The window it was checked over

SPY closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

and 10 of those times resulted in workers being furloughed but what the markets really seem to care about here is the default in their debt and that is something we really got to pay attention to like if we take a look back through history the worst government standoff so far in 2011 which resulted in a lower credit rating caused the markets to drop almost 20 percent in total until a resolution was drawn then again from 1995 to 96 the S P 500 dropped about four percent 2013 saw other six percent drop and over the last 10 years we could see that there's typically short-term hesitation in the market until it's eventually raised and then the stock market goes right up alongside with it so the reality is in the short term investors will price in the slim slim slim chance the government defaulting on their debt but as you can see realistically that's probably never going to happen and most likely everything will carry on as usual especially since we have until June to sort things out with the extraordinary measures in place at the end of the day though the national debt is something that may eventually need to be addressed as interest payments make up a larger and larger share of the country's

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