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The Sequester Is Dumb, and Bad for These Stocks

The sequestration will be as damaging as it is unnecessary.

By Matt Koppenheffer and David Hanson – Feb 28, 2013 at 2:33PM EST

The broad, across-the-board spending cuts known as the sequestration are due to kick in on Friday, March 1, and the effects will be far-reaching. In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss why the sequester is bad economics, which companies are going to be affected, and when we can expect to see the damage.  

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About the Author

Matt Koppenheffer
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.
TMFKopp
X@KoppTheFool

Stocks Mentioned

Bank of America Stock Quote
Bank of America
NYSE: BAC
$52.47
(-1.22%)-$0.65
JPMorgan Chase Stock Quote
JPMorgan Chase
NYSE: JPM
$311.69
(-0.43%)-$1.33
Wells Fargo Stock Quote
Wells Fargo
NYSE: WFC
$80.51
(-0.09%)-$0.07

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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