The stock market began the week in a funk and ended in subdued celebration as apparent progress in the debt-ceiling impasse seemed to confirm the Wall Street consensus that dysfunction in Washington wonâ??t lead to a debt default or set off a global cataclysm.
Buy-and-hold investment strategists say itâ??s likely â?? though by no means guaranteed â?? that long-term investors who stick to a well-thought-out plan can ride out awkward periods like this with few ill effects.
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