What the Looming Debt Ceiling Deadline Means for InvestorsMay 25, 2023
With the upcoming debt ceiling deadline, Josh Dvorak, CFP® | Partner shares thoughts around what the deadline means and provides some context on potential impacts.
The federal debt limit is once again in the news as the country rapidly approaches a critical deadline on June 1. Investors are understandably nervous about Washington failing to reach an agreement, a possibility that both sides agree would be a self-inflicted catastrophe. While it's unclear how this will play out in the coming weeks, the fortunate news is that financial markets are mostly taking these events in stride. How can investors maintain the right perspective around political and fiscal uncertainty?
Federal borrowing reached the debt limit this past January