Investors have become increasingly anxious about how badly the U.S. equity and fixed income markets will be battered as the American government marches toward a potential default. Of course, investors may sell off U.S. sovereign paper. They also might exit equities on fear that the stock market will collapse as part of political gridlock. Foreign stocks, particularly those viewed as safe havens, could become immensely attractive over the next several weeks. Eventually, damage done to the U.S. economy will sweep the world, but there will be a daily rise in the problems created by the effects on global exports to...
http://finance.yahoo.com/news/u-default-risk-drive-money-102630637.html