facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
๐ŸŽญ Political Theater - The Debt Ceiling Drama Thumbnail

๐ŸŽญ Political Theater - The Debt Ceiling Drama

Over the past week, there has been nonstop news coverage of the federal government hitting the $31.4 trillion borrowing limit known as the debt ceiling. Once again, Washington drama is on center stage as the Treasury Department enacts "extraordinary measures" to not default on its obligations. Although this has become a regular occurrence, many investors are still understandably nervous. While it's unclear how this will play out politically before the estimated June 5 deadline, the fortunate news is that financial markets have taken these events in stride. How can investors maintain perspective around the fiscal uncertainty despite the political theater?

We discuss in this episode of The Wealth Effect Podcast:
๐Ÿ“ˆ Federal Debt-to-GDP
๐Ÿฆ Federal Budget Deficits
๐Ÿ“Š Owners of U.S. Treasuries


Matt Faubion, CFPยฎ

Founder - Wealth Manager

Show notes and charts:

The federal government has hit the debt ceiling

The government has run budget deficits throughout history

Most Treasuries are held domestically

The bottom line: The political theater over the debt ceiling will likely continue down to the wire, and there will continue to be media coverage of the saga. As with many political issues, investors need to separate their political views and not react with their hard-earned savings and investments. 

What is the proper portfolio strategy for you as an investor and your wealth plan? Let's find out - Reach out through the link below to start the first step in our complimentary risk and portfolio evaluation! 

๐Ÿ“Š Complimentary Risk & Portfolio Evaluation

This content is developed from sources believed to be providing accurate information. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.