Investor risks of action/inaction
By Kyle Tetting
Despite an incessant focus on the debt ceiling conversation and what appeared to be a surprisingly optimistic response by markets in recent weeks, actual progress on the matter has been slow. As I write this, there remains some time before the likely June 1 deadline. But, as with most market-related observations, by the time you read it, much of it could be dated. As a result, our current dependence on politicians has investors aiming their portfolio away from some risk that we aren’t even sure is out there.