Roller-Coaster Week in Washington
Investors may find themselves with an uneasy feeling.
Provided by Peter Livingston
Debates over government debt, taxes, and infrastructure have captured the attention of the nation this week. All eyes are on Washington and Wall Street as these events play out, with potentially far-reaching consequences that seem to shift hour by hour.
Throughout September, the markets have reacted to legislative decisions that could raise taxes for some, as well as hotly contested measures to fund the government and raise the debt ceiling. Markets appear headed to some of their lowest monthly returns in over a year.1
While this sort of conflict makes for absorbing cable news, it can also leave investors with an uneasy feeling. The truth is that by working with a financial professional, you’ve already taken steps to create an overall financial strategy that can weather changing circumstances. In any long-term investment lifecycle, there will be some roller-coaster political weeks.
Your best move may be to stay connected and reach out if you’d like to chat. I’m monitoring these events closely, and I’m happy to discuss any concerns you may have in the coming days and weeks.
This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.
- ABCNews.go.com, September 30, 2021