The Market On Tuesday

  Good morning. It is 47 degrees and cloudy here in Upstate NY. Fall is making itself more and more present. Please sign my White House petition - During the period of any federal government shutdown, members of Congress shall receive no salary. Why should these people receive a salary when nobody else is and there's been pressure on markets worldwide meaning that you and I have been losing value to our retirement funds and such, all because of Congress. Yet they a presently being paid handsomely for this mess. Please sign.

  At 8:30 a.m. ET futures are modestly higher and the price of oil per barrel is slightly up. The market is poised to open slightly higher.

  The government shutdown is all the news this morning. How this will continue to work out on Wall Street is not clear but up to this point markets have been under pressure from the shutdown. Next big question is will the government start to default on it's financial commitments. When that occurs, it's clearly past the time to vote out of office all responsible parties meaning the GOTea, the main culprit is this nonsense.

CNN: Dollar falls but world stocks steady on U.S. shutdown

The stakes are high. A government shutdown could cost the U.S. economy roughly $1 billion a week in pay lost by furloughed federal workers.