Why the Debt Ceiling Is Important

David Lundgren, CFA, September 29, 2021

The debt ceiling impasse in Congress has been garnering headlines recently, but what does it really mean? Stephen Morgan, Director of Portfolio Management (and our resident expert on governmental policy) and I review current legislative discussions about the debt ceiling and potential impacts for investors in this special Wealth Management Insights video.

Topics discussed include:

  • What is the debt ceiling? (at the 1:00 minute mark)
  • Where do things stand in Congress? (at the 2:55 minute mark)
  • What are the market and economic implications? (at the 4:47 minute mark)

 

View the video:

Debt Ceiling Discussion v2

 

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