Global Markets Still Nervous as Government Shutdown Looms, Plus “Rent (Still) Too Damn High”

As we kickoff trading in what could be a very wild month of October, global markets are still nervous as the US Government shutdown looms. Plus “Rent (still) too damn high.”

Global Markets Still Nervous Because Of Interest Rates

October 2 (King World News) – Art Cashin, Head of Floor Operations at UBS: Overnight, global equity markets are relatively quiet due to a variety of holidays. Hong Kong and Mainland China are closed for Golden Week and will be so for several days. India, on the other hand, is closed for the birthday of Mahatma Gandhi Jayanti. Japan traded and wound up closing down the equivalent of about 100 points in the Dow.