Default or not, 2011’s debt ceiling battle is instructive for today’s investors

With Congress and the White House again struggling to reach an agreement to avert a potential U.S. government debt default, investors assessing the latter stages of the spring 2023 debt ceiling conflict would do well to study how a similar battle played out in the summer of 2011, delivering a short-term blow to financial markets.

Manulife Investment Management
Manulife Investment Management

Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto and Boston, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 19 countries and territories. Our private markets strategies include private equity and credit, real estate, infrastructure, timber, and agriculture. Responsible stewardship is integral to our business and culture, and we seek to be a global leader in creating long-term, sustainable, value for our stakeholders.

Amy Theuninck
Managing Director, Insurance Solutions
atheuninck@manulife.com
857-328-6425

www.manulifeim.com
197 Clarendon St, Boston, MA 02116
United States

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