Economy News for Fri 4 Oct 2013

[Cheryl Nelson]

Wall Street Ends Up, but Dow, S&P 500 Down for Week
http://finance.yahoo.com/news/futures-edge-higher-shutdown-still-125036541.html

The Biggest Drag on the Job Market Just Got Bigger
http://finance.yahoo.com/blogs/the-exchange/biggest-drag-job-market-just-got-bigger-192814196.html

Catastrophic Consequences of a U.S. Default Explained
http://finance.yahoo.com/blogs/breakout/u-treasury-default-catastrophic-consequences-explained-170230218.html

The Grand Financial Shift: Rich Own Assets While Poor And Working Class Deep In Debt. 70 Percent Of Wealth For The Bottom 80 Percent Locked Up In Principal Residence.
http://www.mybudget360.com/rich-own-assets-poor-owned-by-debt-financial-shift-in-income-debt-debate/

U.S. Treasury Warns Of What’s To Come: “Catastrophic Effect… Could Last For More Than A Generation”
https://www.shtfplan.com/headline-news/u-s-treasury-warns-of-whats-to-come-catastrophic-effect-could-last-for-more-than-a-generation_10042013

Shutdown doesn't hurt us? That's bull
http://economy.money.cnn.com/2013/10/04/shutdown-doesnt-hurt-us-thats-bull/?iid=SF_E_Lead

It's Official:  No Jobs Reports
http://money.cnn.com/2013/10/03/news/economy/jobs-report-shutdown/index.html?iid=SF_E_River