A New Trend in the West?

Golda Meir…Margret Thatcher…Angela Merkel… Can you guess where this is going?

Gender diversity amongst the top-ranked positions in government may not be common, but it is not a new idea.  To name a few women that have held the top spot:

Golda Meir did it in Israel.
Margret Thatcher did it in the United Kingdom.
Angela Merkel is now leading Germany.

And today, Theresa May has joined the ranks.

The list of women in top-ranking government roles is short, which can be attributed to the many challenges women have faced in the political arena. Though her ascension may be argued and uncommon, none the less Theresa May is now the Prime Minister of the United Kingdom, and her biggest challenge is yet to come. As the new Prime Minister in the United Kingdom, the world will be watching very closely as she leads her country through a historic transition out of the European Union – or potentially not out of the EU. Prime Minister May is set to hold the position until 2020, unless the Members of Parliament vote for an early general election (and, for the sake of my sanity, and yours, I will not go into the details of the UK’s political system). Should the UK trigger Article 50, and begin the process of officially leaving the EU, the withdrawal period could extend well beyond the stated two-year negotiation period. With all of the uncertainties that surround the “Brexit,” one thing is clear – Prime Minister May will be setting the stage for the future!

Merkel is leading Germany.
May is leading the United Kingdom.
And by the way, on November 8th, the United States will decide if Hillary Clinton will be added to the list.

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The Author: Ben Agron, CFP®

Benjamin Agron is a Financial Advisor at Capital Advantage. He is a CERTIFIED FINANCIAL PLANNER™ (CFP®), a Chartered Retirement Planning Counselor (CRPC®) and an Investment Advisor Representative. Ben is part of the investment team, and is responsible for developing and maintaining client relationships, assisting with sales and marketing projects, and financial planning.

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