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NYIT in the Media
Oct 01 2013

Shapiro on the Shutdown in The Christian Science Monitor

christian science monitor

"I'd like to think despite what we're seeing in Washington right now, that cooler heads will prevail and people will realize that not dealing with this and allowing this uncertainty to remain about the future course of the economy -- all of this will have an impact," says School of Management Professor Steven Shapiro in an article about Wall Street's reaction to the government shutdown in The Christian Science Monitor.

Shapiro and other experts comment about the market's initial reaction to the shutdown with a negative trend and the possibility of a downturn as a result of the looming government default.