Does The U.S. Debt Situation Pose Risk To Your Portfolio?

Posted in: Economics, General, Stock Market, Thought of the Week

This week our Chief Strategist, Mike Sorrentino, wrote a fantastic article explaining how the current debt in the U.S. (currently at $18 trillion) can potentially impact your investment portfolio down the road. Mike stresses that we are not even close to being the next Greece or Argentina. Our debt situation is very unique and can be very deceiving to those who are not familiar with it because we act as the world’s reserve currency. Please take some time to read the article on U.S. debt because it will be worth your time.

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As an Investment Advisory Representative working in conjunction with Global Financial Private Capital (GFPC) we are provided weekly thoughts on what is happening in the economy and the market. Written by our investment committee at GFPC we find these thoughts to be informative and interesting.