Although many in the market treated the congressional "super committee" as a non-event last week, you probably have some clients wondering what happens next.
The bipartisan "super committee" had three months to identify trillions of dollars of federal spending that Washington could cut, but could not come to any sort of agreement.
Schwab has come out with a good position paper separating the real implications from the hype.
If you have not given your clients your take on what happened and where we go from here, this is a pretty good place to start.
It lays out the bear and bull cases for the markets -- which might actually be in better shape than many investors think -- as well as key topics of interest like the Bush tax cuts and the possibility of another U.S. Treasury downgrade.
Advisors don't have to be market writers. But they have to communicate their take on the market to their audience of clients.
It's that simple.