United States

Washington’s uncertainty is leaving investors anxious

Wall Street doesn’t seem the least bit worried about what is going on in Washington. But investors sure are. That, at least, is the conclusion that can be drawn from a recently released survey from brokerage firm Charles Schwab. In its report, Schwab, which mostly deals with people with small portfolios, says that 30 percent of the investors polled said “the political landscape in Washington” was their primary concern. The second biggest concern is “I think the market is overdue for a significant correction.” That was cited by 23 percent of those questioned. And, of course, those two really could be connected — stocks could fall sharply because of what is going on in Washington. What’s so concerning about Washington? U ...