An end to the government shutdown could help boost consumer confidence at the start of the holiday season, Paul Richards, UBS' North American head of FX distribution North America, said Friday.
"Listening to [Majority Leader Harry] Reid, I'm not worried about it if it takes another six weeks," he said. "We may need six more weeks. They're so far apart. We need to get this debt-ceiling issue pushed down the road, far over the half-terms, so we can get an economy running again. And if that what it takes, I'll take six weeks."
On CNBC's "Fast Money," Richards likened the shutdown to a snowstorm that results in people doing a lot of shopping when it clears.
(Read more: Don't get bearish on DC dysfunction: Jens Nordvig)