Friday, October 10, 2014

Washington's Woes

Does the constant bickering out of Washington sap your confidence about how your investments will perform going forward? If so, you're not the only one. A new poll from Gallup asked investors whether various political factors were hurting the investment climate in the U.S., and the number one response was "political discord in Washington," cited by 88 percent of the respondents.

The only other factor cited by more than 80 percent of those surveyed was "Events in the Middle East." Some other top factors: "The widening gap between wealthy and middle-class Americans," cited by 78 percent; "U.S. immigration policy," 70 percent, and "Financial conditions in Europe," 65 percent.

At the bottom of the list was the current level of interest rates. Some 40 percent of the respondents said those were harming the investment environment - but another 40 percent said those same interest rates were helping.

No comments:

Post a Comment