Timely and Relevant News: Stocks Do Just Fine During Government Shutdowns


With the discussions in Washington heating up, we’ve heard more in the media about a potential government shutdown later this year. We've outlined a few reminders below worth noting on this topic:

  • Stocks gained more than 10% during the last shutdown in late 2018 and early 2019.

  • The S&P 500 has gained during the previous six government shutdowns going back to the mid-‘90s.

  • Drama in Washington and a potential shutdown will get the headlines. From an investment point of view, this actually isn’t a reason to worry.

 

If you have specific questions related to your own investment strategy or financial planning needs, we welcome you to call us at 302.234.5655 or email us at contactus@covenantwealthstrategies.com to set up time to discuss further. 

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This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.

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All index and market data from FactSet and MarketWatch.

This Research material was prepared by LPL Financial, LLC.