The weather is getting cooler, autumn foliage is appearing on the trees, and the smell of pumpkin spice is in the air. And since this is a presidential election year, our airwaves and mailboxes are filled with political ads. We’re heading into the final stretch of election season, where the 59th U.S. presidential election will occur on November 3 between the incumbent, President Donald Trump, and the challenger, former Vice President Joe Biden. 2020 has been a monumental year in so many ways, and the election will be more in focus than usual because of the pandemic.
At Cetera Investment Management, our initiative is to provide independent research to ensure that our clients are prepared no matter what the investment landscape looks like. This is true irrespective of which political party has power or which candidate wins the election. Our focus is solely on investing and markets, and absent any rooting interest for any particular candidate or any political party. In this commentary, we will explore the path to electoral victory for each candidate, assess the likelihood of a delayed result, and examine stock market returns during the previous 18 post-WWII presidential cycles.
For more insights, download our full commentary.
Commentaries are published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.
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