What does the debt ceiling debate mean to you?
If you’re like most Americans, the term “debt ceiling” probably didn’t mean that much to you until recently. Now, of course, the debt ceiling debate is front-page news, day after day. As a citizen, you’re no doubt hoping the situation is resolved in the best interests of the country. But as an investor, you may be especially concerned about what might happen to your holdings, and your overall investment strategy, if the debt ceiling is not increased by the Aug. 2 deadline.