Little market impact because of this. Markets are looking out 6 months and have already factored this sale as a done deal. If there was any impact it has already happened and markets were not counting on a last ditch effort to have the Supremes stop it.
If a company can’t raise cash from issuing bonds, they can’t make a profit. This will spook the hell out of investors. I already moved all my money to foreign stocks and away from anything that could be tainted by Obama. The unintended consequences of government meddling should be the main story here.
The events last October demonstrated that “markets” simply do not see 6 months downstream.
>>Little market impact because of this.
I suspect that corporate bonds will be affected.. interest rates will skyrocket for certain kinds of debt.