Investors may be wary of the shares in the next 1-2 weeks against fiscal risks in Washington. At stake - a technical default of the government if the debt limit is not raised. The protagonists - Democrats and Republicans - the age-old enemies, whose mutual dogovorabelnost infinitely tends to zero.
Investors still fresh memories of 2011, when the government did raise the debt limit in the last seconds before the default, but the sovereign rating of the U.S. 'AAA' has been reduced, then what, in fact, was the major reason for the correction of stock index S & P500.
Today on the agenda of the two big questions - raising the debt limit (the issue should be settled before the middle of October, or automatically come technical default = inability of the country to pay off the liabilities) and the issue of voting on the budget, which must be resolved before October 1, otherwise the government will have to resign.
However, many experienced players argue that the concern about the "failure" of Washington unfounded - this tempest in a teapot. If markets are adjusted to these fears, the assets can be safely buy at low prices.
While investors are quite positive - not too worried about Washington, which is reflected in the index of "fear of investors" - SBOE Volatility Index. The index fell to the level of 13.12 on Friday - and has been falling, in fact, three weeks in a row. The cumulative 3-week Padania was 23%.
