How Education, Student Loan Repayment And Research Suffers If Government Shuts Down
Portfolio Pulse from AJ Fabino
The potential government shutdown on Oct. 1 could disrupt operations in education and research institutions, with halted federal funding impacting students and research projects. Universities and colleges, particularly those reliant on federal funds, could face disruptions in daily operations and long-term projects. The Department of Education could see more than 90% of its staff furloughed, causing delays on planned regulatory actions and negotiations over student loan forgiveness. The S&P 500 (NYSE:SPY) has historically made gains in past government shutdowns, but stocks and ETFs related to education and research sectors could see some volatility.
September 29, 2023 | 4:52 pm
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NEUTRAL IMPACT
Global X Education ETF (NASDAQ:EDUT) could see some volatility due to the potential government shutdown.
As an ETF in the education sector, Global X Education ETF could be impacted by the potential government shutdown, causing potential volatility in its stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
ROBO Global Robotics and Automation Index ETF (NYSE:ROBO) could see some volatility due to the potential government shutdown.
As an ETF in the research sector, ROBO Global Robotics and Automation Index ETF could be impacted by the potential government shutdown, causing potential volatility in its stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
Strategas Global Policy Opportunities ETF (NYSE:SAGP) could see some volatility due to the potential government shutdown.
As an ETF in the policy sector, Strategas Global Policy Opportunities ETF could be impacted by the potential government shutdown, causing potential volatility in its stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
SoFi Technologies Inc (NASDAQ:SOFI) could see some volatility due to the potential government shutdown.
As a company in the education sector, SoFi Technologies could be impacted by the potential government shutdown, causing potential volatility in its stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
The S&P 500 (NYSE:SPY) has historically made gains in past government shutdowns.
The S&P 500 has historically performed well during government shutdowns, suggesting that investors may see this as an opportunity rather than a threat.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70