--- title: "\"Debt ceiling ‘X-Date’ is coming. What should an investor do?\" an interview with Tom Samuelson in Insurance Newsnet" description: VGA CIO Tom Samuelson joined Insurance Newsnet with Doug Bailey to discuss the debt ceiling showdown and what investors can do to prepare. image: https://blog.vineyardglobaladvisors.com/hubfs/ft-img-the-debt-ceiling-x-date.jpg --- [![Vineyard Global Advisors](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Vineyard_GlobalAdvisors_logo_transparent.png?width=250&height=87&name=Vineyard_GlobalAdvisors_logo_transparent.png "Vineyard Global Advisors")](https://www.vineyardglobaladvisors.com/) - [Home](https://www.vineyardglobaladvisors.com) - [Our Firm](https://www.vineyardglobaladvisors.com/our-firm) - [Philosophy](https://www.vineyardglobaladvisors.com/our-philosophy) - Strategies - [Strategy Overview](https://www.vineyardglobaladvisors.com/strategies) - Equity Alpha - [Quantitative Value](https://www.vineyardglobaladvisors.com/quantitative-value) - [Quantitative Growth](https://www.vineyardglobaladvisors.com/quantitative-growth) - [Sector Rotation](https://www.vineyardglobaladvisors.com/sector-rotation) - [Style Flex](https://www.vineyardglobaladvisors.com/style-flex) - [Optimized Equity Alpha](https://www.vineyardglobaladvisors.com/optimized-equity-alpha) - [Enhanced S&P 500](https://www.vineyardglobaladvisors.com/enhanced-500) - Income - [Russell 3000 Enhanced Dividend](https://www.vineyardglobaladvisors.com/russell-3000) - [Dynamic Yield](https://www.vineyardglobaladvisors.com/dynamic-yield) - [Risk Managed Income](https://www.vineyardglobaladvisors.com/risk-managed-income) - [Global Fixed Income](https://www.vineyardglobaladvisors.com/global-fixed-income) - Asset Allocation - [Advantage Plus Series](https://www.vineyardglobaladvisors.com/advantage-plus-series) - [Allocation Plus Series](https://www.vineyardglobaladvisors.com/allocation-plus-series) - [ETF Advantage Series](https://www.vineyardglobaladvisors.com/etf-advantage-series) - Insights - [Market Commentary](https://blog.vineyardglobaladvisors.com/commentary) - [Quarterly Webinars](https://blog.vineyardglobaladvisors.com/commentary/tag/webinars) - [In The News](https://blog.vineyardglobaladvisors.com/blog/tag/in-the-news) - [Blog](https://blog.vineyardglobaladvisors.com/blog) - [For Advisors](https://www.vineyardglobaladvisors.com/wealth-advisors) - Contact - [Contact Us](https://www.vineyardglobaladvisors.com/contact-us) - [Request for Proposal](https://www.vineyardglobaladvisors.com/request-for-proposal) ![VGA_Hero](https://blog.vineyardglobaladvisors.com/hubfs/VGA_Hero.jpg) [Media](https://blog.vineyardglobaladvisors.com/blog/tag/media) | [In The News](https://blog.vineyardglobaladvisors.com/blog/tag/in-the-news) | 1 min read # "Debt ceiling ‘X-Date’ is coming. What should an investor do?" an interview with Tom Samuelson in Insurance Newsnet Written by [VGA Investment Team](https://blog.vineyardglobaladvisors.com/blog/author/vga-investment-team) May 25, 2023 2:19:18 PM ## ![Tom-1-1](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Tom-1-1.jpg?width=261&height=261&name=Tom-1-1.jpg) ## "Debt ceiling ‘X-Date’ is coming. What should an investor do?" – Interview with Vineyard Global Advisors Chief Investment Officer Tom Samuelson, CFA, CMT  Tom Samuelson shared his insights on [Insurance Newsnet](https://insurancenewsnet.com/innarticle/debt-ceiling-x-date-is-coming-what-should-an-investor-do) with [Doug Bailey](https://insurancenewsnet.com/author/doug-bailey) about the debt ceiling showdown and what it means for investors. In this interview, Doug, Tom, and others explore the current looming debt crisis, what investors might expect, why diversification is essential, and which strategies can help investors take advantage of potential market declines. Although most anticipate Congress will raise the debt ceiling, as has happened 78 times since 1960, investors should be prepared if a default scenario plays out.  ***This article explores...*** Why Cash is "Dry Powder," and Market Declines can Represent a Buying Opportunity. *During the last debt ceiling showdown in 2011, the S&P 500 dropped 19% over the following six months. There's no question that x-dates can stoke the fires of volatility. However, that same drop represented a buying opportunity that boosted the S&P 500 to 33% over the next 12 months. Reserving cash and holding hedged positions that produce profits can be used to take advantage of market declines to purchase stocks with long-term potential.* **Diversification and Hedging will Help Investors Navigate Potentially Volatile Backdrops. ** *Spreading investments across asset classes and holding hedged positions can help buffer against downside volatility and provide profits to re-invest in stocks. No matter how the debt ceiling showdown affects markets, reactionary sell-offs will result in losses and taxes, so investors should take the long view and consider that markets will ultimately course correct over the long term. In addition, proper hedging can help investors to have less of a hole to dig out of as markets improve. * [*Read the Full Article Here...*](https://insurancenewsnet.com/innarticle/debt-ceiling-x-date-is-coming-what-should-an-investor-do) Host: [Doug Bailey](https://insurancenewsnet.com/author/doug-bailey), [Insurance Newsnet.](https://insurancenewsnet.com/innarticle/debt-ceiling-x-date-is-coming-what-should-an-investor-do) Guest: [Tom Samuelson, CIO of Vineyard Global Advisors](https://www.vineyardglobaladvisors.com/our-firm/thomas-samuelson) [![View Our Strategies](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/19651629/0f0d02a1-ab92-4994-b098-68cb6f2bae33.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/19651629/0f0d02a1-ab92-4994-b098-68cb6f2bae33) [![Contact Us Today](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/19651629/542864bc-0da7-4a08-9f27-df9bac129224.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/19651629/542864bc-0da7-4a08-9f27-df9bac129224) Investment advisory services are provided through Integrated Advisors Network, LLC (“Integrated”) a registered investment advisor. Registration does not imply a certain level of skill or training. Vineyard Global Advisors, LLC is a practice group of Integrated. The opinions expressed herein are those of Vineyard Global Advisors and are subject to change without notice. This material is not financial advice or an offer to sell any product. Forward-looking statements cannot be guaranteed. This document may contain certain information that constitutes “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may,” “expect,” “will,” “hope,” “forecast,” “intend,” “target,” “believe,” and/or comparable terminology. No assurance, representation, or warranty is made by any person that any of Vineyard’s assumptions, expectations, objectives, and/or goals will be achieved. Nothing contained in this document may be relied upon as a guarantee, promise, assurance, or representation as to the future. Vineyard Global Advisors is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. *Investment advisory services offered through Integrated Advisors Network, LLC (“Integrated), a registered investment advisor. Vineyard Global Advisors is a DBA of Integrated.* Investors cannot invest directly in an index. There is no guarantee that the investment objectives will be achieved. Moreover, past performance is not a guarantee or indicator of future results. Does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations. Integrated is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Business is only transacted in states in which it is property registered or is excluded or exempted from registration. A copy of Integrated's and VGA's current written disclosure brochure filed with the SEC which discusses among other things, business practices, services and fees, is available through the SEC's website at: [www.adviserinfo.sec.gov](https://adviserinfo.sec.gov/?utm_campaign=advisor%20blog%20notices&utm_source=hs_email&utm_medium=email&_hsenc=p2anqtz-_vpysuhnv4rc3vj_dwz7lfh1rhhvpg9b9prvrlvy2m14u-a7zh16kobozkhnzfjzjma367) Previous [← Exceptional Client Service in the Digital Age](https://blog.vineyardglobaladvisors.com/blog/exceptional-client-service-in-the-digital-age) Next [Divorced Investors - Redefining the End Goal →](https://blog.vineyardglobaladvisors.com/blog/divorced-investors-redefining-the-end-goal) ## You May Also Like These Perspectives on Media [![ft-img-new-bull-market-1](https://blog.vineyardglobaladvisors.com/hubfs/ft-img-new-bull-market-1.jpg)](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe-kendall-dilley-11-22-24) [Media](https://blog.vineyardglobaladvisors.com/blog/tag/media) ### [Kendall Dilley, CFA, CMT on Money Life with Chuck Jaffe](https://blog.vineyardglobaladvisors.com/blog/money-life-with-chuck-jaffe-kendall-dilley-11-22-24) Dec 4, 2024 8:50:35 AM | 1 min read [![ft-img-seven-best-commodity-stocks-to-own](https://blog.vineyardglobaladvisors.com/hubfs/ft-img-seven-best-commodity-stocks-to-own.jpg)](https://blog.vineyardglobaladvisors.com/blog/tom-samuelson-on-morning-live-trade-october-16th) [Media](https://blog.vineyardglobaladvisors.com/blog/tag/media) ### ["Amazingly Resilient" Markets Before U.S. Election - Tom Samuelson, CFA, CMT, on Schwab Network's Morning Trade Live.](https://blog.vineyardglobaladvisors.com/blog/tom-samuelson-on-morning-live-trade-october-16th) Oct 17, 2024 8:51:22 AM | 1 min read [![video-thumbnail-the-winemaking-analogy](https://blog.vineyardglobaladvisors.com/hubfs/Video/thumbnails/video-thumbnail-the-winemaking-analogy.jpg)](https://blog.vineyardglobaladvisors.com/blog/harvesting-success-the-philosophy-of-vga) [Media](https://blog.vineyardglobaladvisors.com/blog/tag/media) ### [Harvesting Success: The Philosophy of Vineyard Global Advisors](https://blog.vineyardglobaladvisors.com/blog/harvesting-success-the-philosophy-of-vga) Dec 6, 2023 2:42:58 PM | 2 min read ### Subscribe to Vineyard Commentary ![Vineyard_GlobalAdvisors_logo_white](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Vineyard_GlobalAdvisors_logo_white.png?width=200&name=Vineyard_GlobalAdvisors_logo_white.png) 9800 Mt. 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[Call To Action 01](http://crawfordinvestment-8881895.hs-sites.com/) [Call To Action 02](http://crawfordinvestment-8881895.hs-sites.com/) ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "caption" : { "@type" : "MediaObject", "contentUrl" : "https://blog.vineyardglobaladvisors.com/media-transcripts/183508235686/en.vtt", "inLanguage" : "en", "name" : "en Captions" }, "contentUrl" : "https://19651629.fs1.hubspotusercontent-na2.net/hubfs/19651629/11.22.24_Kendall%20Dilley.mp4", "dateModified" : "2025-10-31T16:25:45.432Z", "duration" : "PT7M47S", "height" : 1082, "name" : "11.22.24_Kendall Dilley", "thumbnailUrl" : "https://19651629.fs1.hubspotusercontent-na1.net/hubfs/19651629/11.22.24_Kendall%20Dilley.mp4/medium.jpg?t=1761927945432", "uploadDate" : "2024-12-04T15:47:44.024Z", "width" : 1502 } ``` ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "caption" : { "@type" : "MediaObject", "contentUrl" : "https://blog.vineyardglobaladvisors.com/media-transcripts/148048321559/en.vtt", "inLanguage" : "en", "name" : "en Captions" }, "contentUrl" : "https://19651629.fs1.hubspotusercontent-na2.net/hubfs/19651629/Video/vga-the-winemaking-analogy.mp4", "dateModified" : "2025-10-31T16:20:29.472Z", "duration" : "PT2M14S", "height" : 2160, "name" : "vga-the-winemaking-analogy", "thumbnailUrl" : "https://19651629.fs1.hubspotusercontent-na1.net/hubfs/19651629/Video/vga-the-winemaking-analogy.mp4/medium.jpg?t=1761927629472", "uploadDate" : "2023-12-01T01:20:21.904Z", "width" : 3840 } ```