Insights + Resources

Government Debt Goes on a Roller Coaster Ride

Oct 6, 2021

debt ceiling crisis
Investors may find themselves with an uneasy feeling

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. Nobody likes to hear that government debts have risen.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.

For more insights and resources, be sure to sign up for our Weekly Market Commentary. Follow our YouTube channel where we regularly post our Epic Market Minute videos. Follow us on LinkedIn, or like us on Facebook. And as always, please don’t hesitate to reach out to a dedicated service professional at Epic Capital.

 

Citations:

1. ABCNews.go.com, September 30, 2021

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