The anticipation building up to elections often brings with it questions about how financial markets will respond. But the outcome of an election is only one of many inputs to the market. DFA’s interactive exhibit examines market and economic data for nearly 100 years of US presidential terms and shows a consistent upward march for US equities regardless of the administration in place. This is an important lesson on the benefits of a long-term investment approach.
How US Stocks Have Behaved in an Election Month
Tax Planning Opportunities in a Shemozzle (aka 2020)
2020 can be described with many adjectives. Chaotic, unpleasant, snafu, and train wreck are just a few colorful terms (fit for print) I’ve heard to describe this year from, well, Hell. Maybe dumpster fire is the metaphor that came to mind for those that watched Jennifer Anniston struggle to extinguish a small fire Jimmy Kimmel set to kill germs on an Emmy award envelope earlier this week.
Fortunately for the winner, the envelope survived the inferno, and all was well. At least in Hollywood. For those of us that don’t make a living pretending to be other people, there may also be some lemonade to be made from the 2020 lemon, too.