U.S. default: Stocks think it can’t happen here
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U.S. default: Stocks think it can’t happen here
A U.S. default isn’t in the cards, the way stocks are acting. They seem to be saying, “It can’t happen here.”
While the Dow Jones Industrial Average DJIA , S&P 500 Index SPX -0.71% , and Nasdaq Composite Index COMP -0.56% all pulled back slightly Tuesday, they’re all still hanging onto gains for the month. http://blogs.marketwatch.com/thetell/2013/10/...ppen-here/