Just a FYI after reading my semi annual report from my investment portfolio manager, I thought I’d share their thoughts on investment impacts due to the upcoming election. I’m sure you’ve heard this before, but their opinion is that the market will take a downturn if the Democrats win the Presidency and further erosion of the market will occur if the Democrats take over both houses.
I’ve read speculation before but to read this from a Wall Street manager in an official document spoke volumes. The reason for lack of confidence is proposed tax increases, increased government spending, and tightening of regulations.
I would hope anybody counting on investments for the future should take this into account when voting.
I’ve read speculation before but to read this from a Wall Street manager in an official document spoke volumes. The reason for lack of confidence is proposed tax increases, increased government spending, and tightening of regulations.
I would hope anybody counting on investments for the future should take this into account when voting.
