Barry Ritholz: "We don't really care about the stuff that's going on in D.C."

Earnings are at a very high cyclical level.  And if we do anything to damage that, you risk a 20% to 30% correction in the market if this [government shutdown] goes on for a month or longer,

All the U.S. obligations are money good.  [The Treasury Department could continue to] move stuff around [to temporarily avoid hitting the limit.]

We really don’t care about any of the stuff that’s going on in D.C.  Our view is as long as this is resolved in a week or three, it’ll be okay.  [Late into the third week of a shutdown, the firm would look at hedges and lightening up.]

~ Barry Ritholtz, "A one-month shutdown risks triggering 20% to 30% correction: Barry Ritholtz," The Tell blog (MarketWatch), October 7, 2013

Barry Ritholz on reasons for being bullish on equities

What is keeping us long?

None of the usual technical or internal signs of a major correction are present (yet). Supply continues to be constrained, selling pressure is light to moderate, breadth and liquidity are strong.

Giving the markets the benefit of the doubt has been the winning play so far. We expect this to continue to work until it doesn’t.

Hopefully, I will be able to warn you in advance before markets get too far gone.

Barry Ritholz on momentum stocks

The bottom line is you don't want to short strong names going higher.

~ Barry Ritholz, as appeared on CNBC's Fast Money, February 3, 2011