Friends,
Every four years, discussion over how the presidential election will impact the market seems to be a consistent topic of conversation up to and through Election Day. While some may think a certain party is “better” for the economy (and market), there is little evidence that shows political party directly impacts market performance over the course of history. We believe fundamentals like corporate profits, productivity and interest rates (to name a few) will continue to guide financial markets.
This article describes three pitfalls that investors can fall into during election years, and helps set perspective as we approach another election.
Feel free to give us a call if you want to discuss our thoughts on investment strategy for the remainder of the year.
Matt and Andrew