Executives would do well to channel the inner will and spirit of competitive athletes, David Williams writes. Key traits of champion athletes to exemplify include never quitting, adopting an "iron will" to succeed, focusing on the bigger picture and seeing the good in oneself and others.
Financial regulators, in an emergency telephone meeting, have discussed the potential impact of breaching the debt ceiling. They foresee disruption in the money and repo markets. Agencies including the Commodity Futures Trading Commission are operating on a skeleton staff because of the government shutdown.
Companies continued cashing out of government-agency bonds and Treasurys in September, according to Clearwater Analytics. Agency bonds represent 10.7% of corporate cash investment, a drop of 0.53 percentage point. Treasurys make up 25.8%, down 0.11 percentage point.