Yale's Shiller and RBC's Calvasina on U.S. Government Shutdown

The video discusses the ongoing government shutdown and its limited direct impact on the economy and markets. However, it highlights the broader issue of policy uncertainty and dysfunction in Washington, which contributes to market volatility. Experts Laurie Calvin Sina and Robert Shiller provide insights into market reactions, psychological impacts, and investor expectations. The discussion also covers potential risks of market declines and the importance of understanding market dynamics and expectations.

What factors contribute to the changing expectations in the marketplace?

What risks are associated with investing in equities during uncertain times?