# Prof. Robert Engle on US investor confidence

1 Faculty News April 30, 2013 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from Bloomberg TV -- "I think investors have policy overload. They've been through the debt ceiling crisis, the supercommittee, the fiscal cliff, and by comparison, sequestration doesn't seem like it's much of a deal at all. It's happening gradually, which means that the politicians aren't busy doing something except maybe tinkering with the air traffic controllers or some other thing and so I think investors are willing to give this a chance and I don't think they really appreciate what sequestration is going to mean."

[Watch the video](http://www.bloomberg.com/video/engle-pitt-scaramucci-on-u-s-investor-confidence-09WqCv5TTLSiPKjFVonsOg.html)