May 25, 2023
FIEGI Report – Perspective for Investors on the US Debt Ceiling
Written By: Ryan Fiegi
Hello everyone! We’ll keep the introduction short so everyone can enjoy their holiday weekend. Travel safe!
Mind Over Matter: Perspective for Investors on the US Debt Ceiling (3-min article)
Summary: While debt ceiling debates can be nerve-racking, the implications for investors are uncertain. Historically, Congress has always raised the debt limit, and even if Congress failed to increase the limit in time, there are a range of alternative measures that can be taken. Trying to predict likely scenarios is largely unproductive, given that markets have priced in the potential range of outcomes.
Monthly Quote:
“Living well means spending more time on things that matter. Living poorly means spending more time on things that don’t matter. Wisdom is knowing the difference.”
-Mark Manson (Author)