Last week we addressed the concept of a “wave” election (a single party wins the White House & takes at least 20 additional seats in the House & wins at least one extra Senate seat). This type of “mandate” tends to lead to a bold president
The markets seem to be in a holding pattern ahead of the election. While the polls show Wall Street’s favorite candidate, Hillary Clinton should easily win, market participants are weary of two things.
1.) The anger towards Donald Trump bringing out Democratic voters that will lead to
By far the most common question during our recent round of seminars was, “what impact will the election have on stocks?” We addressed this in our ‘What Really Matters’ Podcast this week (click here to listen). Goldman Sachs also provide some data on the historic impact
Things are getting interesting out there. The market SHOULD be rising strongly.
The 4th Quarter is by far the strongest of the year historically.
Wall Street’s favorite candidate appears to be running away with the presidency.
Earnings are expected to increase for the first time in 5 quarters.
The
Americans are dramatically behind where they should be when it comes to saving for retirement.
The most critical group is obviously the Babyboom generation. With 1/3 of Boomers having no retirement savings and less than 1/4 having balances over $300K. According to a Time Magazine survey, 35% of
