Comments from Wilbur Ross
- Too early to judge where US and China talks are headed
- the loss of paychecks from shutdown is like a guaranteed loan from the US
- Those effected can get low rate bridge loans
- There is a fair chance we eventually get to a deal
- I do believe US and China both want a deal
- People shouldn't think next week will be the solution to all the problems in the world
- We have had shutdowns before
- Shutdown is talking about 800K workers is 1/3 of a percent of the GDP
- The obligations are federally guaranteed. There is no known reason people can't get a loan.
- Structural reforms are the hard thing with China.
That sent the US dollar lower across the board. US stocks are also now negative with the Dow down -42 points.
