There is a lot of concern among investors about the looming Aug. 2 debt ceiling crisis, with investors wondering whether they should take steps to protect their assets in the event of a major crisis such as soaring interest rates and a decline in bond prices or even a stock market crash.

But at least one expert, Fred Dickson, chief investment strategist at D.A. Davidson, a Montana-based brokerage and money management firm, says to relax and just sit out the crisis.

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