Will lack of confidence in congress affect Wall Street?
PALM BEACH COUNTY, Fla. - While a lot of the focus is on the numbers on Wall Street, long after the debt ceiling debate, what is happening in Washington may still be playing a big role in the stock market and our economy’s fragile state. Some say a lack of confidence is to blame.
Congress didn't win any points in the drawn out debate over the debt ceiling. People, especially seniors, were upset.
"They should be the first ones not paid for not doing the right thing for the elderly and everybody else," said Rochelle Gaenger of Lake Worth.
The effects on the small business community and the stock market may just be beginning.
"It's really a leadership question, and all politics aside, this is what the markets are talking about and this is what they're basing their reactions on," explained Northwood University Professor George Stamas.
Stamas teaches finance and economics at Northwood’s West Palm Beach campus. He's also a financial advisor and entrepreneur.






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