Broker Check
 

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.

References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.

Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

All index and market data from FactSet and MarketWatch.

This Research material was prepared by LPL Financial, LLC.