Joe Quinlan, MD and Chief Market Strategist at US Trust-Bank of America Private Wealth Management in New York, discusses:

- US government shutdown as the debt ceiling deadline approaches
   - Whether there will be a last minute fix
   - Investment implications
   - Whether it is a precursor to the govt missing interest payments on Treasuries
   - Whether estimates for a US$8bn/week hit to the US economy (according to Goldman Sachs) due to the shutdown is realistic
   - Japan introducing a scheme to allow individuals to buy c. $10,000/year of risk assets that are exempt from taxes on dividends and capital gains for five years.
   - It's impact on the Nikkei
- On Sunday, China inaugurated their 11-square-mile Shanghai Free Trade Zone
   - Whether their experiment with free-market policies will succeed
   - Whether it will be a major catalyst for the Chinese market

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Tags:  market watch,  joe quinlan