While war escalates in the Middle East, a political battle is also heating up in Washington. As of this writing, there is still no House speaker in Congress after Kevin McCarthy's exit and Steve Scalise's withdrawal over the past two weeks. While several Republican and House votes are scheduled to attempt to resolve this leadership vacuum, more political hurdles are on the horizon. This only complicates the market and economic environment for investors already navigating higher interest rates, Fed uncertainty, stock market volatility, and more. What can investors do to keep politics in perspective as the situation in Washington evolves?
We discuss in this episode of The Wealth Effect Podcast:
📈 The Federal Debt to GDP
💸 Federal Govt. Interest Payments
📊 Stock Market Returns and Political Parties
Matt Faubion, CFP®
Founder - Wealth Manager
Faubion Wealth Management
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