When Politicians Squabble, Where Might Your Money Hide?
Another year, another bout of political grandstanding across the pond. It seems every few months we’re treated to the same tired spectacle of a government shutdown threat. And whilst the politicians in Washington play their games of chicken, the rest of us are left wondering what it all means for our wallets. To me, it’s a predictable pantomime that sends a shiver of anxiety through the markets, causing people to clutch their purses a little tighter.
When uncertainty is the order of the day, the average person’s spending habits change in a flash. The grand plans for a new car or a lavish holiday are quietly shelved. Instead, the focus shifts to the mundane, the essential, the downright boring. And in that shift, I think, lies a rather straightforward opportunity for the switched-on investor.