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As we kick off a busier time of the year for investors we again have money moving into safe havens. Chris Temple and I discuss the ongoing debt ceiling debate (see stat below regarding how silly this debate is) and the recent North Korea H bomb test. Depending on your investing strategy these news events are typically very short lived.
Debt ceiling stat – Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit – 49 times under Republican presidents and 29 times under Democratic presidents.