When Does Wall Street Weigh In?

Rick Klein: “Bipartisan meetings are nice, and new plans that depend on the other side budging certainly can’t hurt at this stage of a standoff. But there may be only one way to jolt the system: SELL. Conversations with Republican strategists in recent days suggest that only a major event, most likely in the form of a major southward turn in the markets, could shake things loose inside the GOP conference enough to push away from the current crises. That’s what will draw constituent phone calls, and what will turn anger into action – more so, certainly, than vague threats of primary challenges engineered by business interests.”