FINANCIAL ADVISOR INSIGHTS: Political Dysfunction Has Made Investors More Practical (SPY, DIA)
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Washington Weighing On The Rich (Barron's) A UBS survey of 2,056 investors of whom 50 percent have $1 million or more in investible assets found that 76 percent are "extremely or very worried” about the political stalemate in Washington. Mike Ryan, chief investment strategist of UBS Wealth Management Americas writes that political dysfunction "has made investors more pragmatic. I would argue they’re not euphoric, but they’re not despondent.” 5 Key
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