
Four Simmering Issues That Could Soon Boil Over
ALI
Description
<p>While the new Congress has had a slow start to 2023, there are plenty of issues percolating in Washington that investors need to be keeping an eye on. Host Mike Townsend breaks down four issues and discusses why they are likely to take on greater importance for the markets this year.</p><p>He dives into the recent fight in Congress over environmental, social, and governance (ESG)-focused investing and how this skirmish is likely a preview of a larger battle over ESG investing that isn't likely to go away soon. Then discusses how investors should read the messages the Fed is sending about the economy—including this week's comments from Fed Chair Jerome Powell on quickening the pace of rate hikes. He also provides his perspective on the looming debt ceiling debate and the historical volatility and market uncertainty as the deadline for a solution approaches and examines alternative proposals if the impasse can’t be resolved. And he shares insights on the fading hopes that Congress could find common ground on cryptocurrency regulation.</p><p><i>WashingtonWise </i>is an original podcast for investors from <a href="https://www.schwab.com">Charles Schwab</a>. For more on the series, visit <a href="https://www.schwab.com/washingtonwise">Schwab.com/WashingtonWise</a>.</p><p>If you enjoy the show, please leave a ★★★★★ rating or review on <a href="http://getpodcast.reviews/id/1478013779">Apple Podcasts</a>. </p><p><strong>Important Disclosures</strong></p><p>The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.</p><p>The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. </p><p>All expressions of opinion