With a potential shutdown of the federal government loming on Tuesday — which would result in hundreds of thousands of workers being furloughed — the stock market enters this week on edge. Dominic Pappalardo, chief multi-asset strategist at Morningstar Wealth, has examined how the market has responded to past shutdowns, and notes that the impacts typically are short-lived, though the longer any closure continues, the greater and more long-lasting the likely impacts.

Chuck follows up on the theme by noting that watching such a large number of workers potentially going through a personal crisis should trigger everyone to take a financial stress test, effectively simulating what would happen if they were furloughed and missed a pay period or more. He says that putting personal finances under strain helps set priorities and may also show that a saver has the ability to save more and differently.

Brian Thorp, chief executive officer at Wealthtender discusses a survey done by the firm which shows that 25 percent of Americans with $100,000 or more in assets would use artificial intelligence for financial advice or to find the human adviser who they would trust to help with their finances. Thorp says the results show that investors still value human advice, but they are using AI to bring some measure of control or order to the process of getting assistance.

David Trainer, president at New Constructs, reaffirms buy-now/pay-later provider Affirm Holdings as belonging in the Danger Zone, despite a series of management moves that raised cash and got the company off the list of zombie stocks while also pushing the price higher. He says investors who buy the shares now will, indeed, be paying later for the purchase, unless the company can find a way to generate profits out of taking on the risk of retailers, something it has struggled with since New Constructs first put it in the Danger Zone in 2021.