So far, 2020 has been mostly serene, and I expect nothing to change as the election approaches.
I kid, of course.
We’re 82 days away from the election, and somehow, everything is political. Infectious diseases. School openings. Football. Everything.
Some of our clients have been asking about our thoughts on the impact that the election might have on markets, so I wanted to take some time to share some evidence that can guide us toward a reasonable conclusion. The conclusion is: History has shown us that the market has little correlation with the party in power in the White House.
A couple of years ago I wrote a post, part of which discussed the fallacy of pretending to have any idea what elections mean for markets. I thought I’d revisit this with some more data.Continue reading “Prepping for a tranquil election season”