TODAY | October 16, 2013
>> host of " mad money " on cnbc. good morning to you.
>> good morning.
>> hypothetical. average joe , average jane , they go to bed tonight not knowing what's going to happen with the deadline. they wake up in the morning and there is no deal. in real terms, how does the world change tomorrow morning ?
>> too early to tell. there may still be money in the till. a week from now, different but tomorrow unclear.
>> a week from now what happens to their world?
>> now you have to start worrying that the government is going to send out the 80 million checks they send out every month.
>> the markets yesterday seemed to react very negatively to the fitch agency's warning that our credit rating could be downgrade. other agencies, moody, is it possible they may downgrade the rating anyway even if there's a deal by sending a message and saying this crisis to crisis mentality has to stop.
>> fitch is like american people . they're saying this does have to stop. so fitch is possible. s&p, no and moody's, no, they're okay with what's happening.
>> in the morning if there is no deal, how do you expect the markets to react.
>> i think grace until friday. maybe friday they'll think something will happen over the weekend and monday will be horrible.