As the U.S. government’s debts build and tumbles into a second week of partial shutdown, the tension undoubtedly builds for investors and traders as they worry about the consequential economic damage that will cost the government $300 million per day. Furthermore, the democrats have refused the calls from Republicans to use funding to make changes in the U.S.’s three-year-old health care laws. In response, the Republicans are determined to pass the government’s debt limit; however, the votes are not sufficient enough to pass the limit. Market strategists explain that “the market is focused completely on getting a deal done to avoid a default”. In an attempt to relieve the investors, an upsurge of gold stocks boosts TSX up. Canadian markets specialist explains that “the gold will rally when the economy is doing much better and inflation expectations are ticking back up”.

From American citizens’ point of views, the U.S. leaders should be more cautious and be responsible in protecting the national image and brand. Although, the shutdown is a non-violent act, in the branding business, whether it is a country or a corporation, it has to be visible and active to maintain its image and to economically and politically advance.

Source: http://www.cbc.ca/news/business/markets-jittery-as-u-s-shutdown-enters-2nd-week-1.1928199