Here's Why Coinbase Global Is Poised to Benefit From the Government Shutdown

Wednesday's shutdown of the federal government didn't come as a surprise. Republicans and Democrats had their heels dug in, and investors had braced for several days that Congress and President Donald Trump would fail to reach a deal before the midnight deadline on Tuesday night.The major indexes -- the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite -- all opened Wednesday's trading day in the red before recovering. But there are some early trends. Investors are shifting some attention to gold futures, which were up today, and they are also putting more money into Bitcoin, which is up 3% on the day.A financial shutdown can be perilous for financial stocks, as more people come under pressure to make their mortgage, automobile, and credit card payments. But there's one stock I like right now because of the shutdown, and that's Coinbase Global (NASDAQ: COIN).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool