Stocks and the Election Don’t MixSubmitted by Giordano Wealth Management Group on October 9th, 2020
LPL Street View:
Stocks and the Election Don’t Mix
Presented by Chris Giordano, October 9, 2020
As concern over the upcoming election continues to build, one of the questions we’re getting is whether investors should sell ahead of the election for fear the party they don’t want to win takes over the White House.
As tempting as this might be, we would continue to focus on the economy instead. “Whoever wins the election in November is going to take over an improving economy and one that likely won’t see a recession in 2021—and that matters more to stocks,” explained LPL Financial Chief Market Strategist Ryan Detrick. “Not to mention that many gains were missed out under President Barack Obama and again under President Donald Trump, due to disagreement over their policies.”
We discuss this in our latest LPL Street View video, “Stocks and the Election Don’t Mix,” available below and on the LPL Research YouTube channel. Please be sure to give this video a like or follow our channel, so you don’t miss anything!
Chris Giordano may be reached at (408) 354-5554 or firstname.lastname@example.org
Know someone who could use information like this?
Please feel free to send us their contact information via phone or email.
(Don’t worry – we’ll request their permission before adding them to our mailing list.)
The advisors at The Giordano Wealth Management Group, LLC, (GWMG) are registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Strategic Wealth Advisors Group LLC, a registered investment advisor. GWMG and Strategic Wealth Advisors Group LLC are separate entities from LPL Financial.
The information contained in this email message is being transmitted to and is intended for the use of only the individual(s) to whom it is addressed. If the reader of this message is not the intended recipient, you are hereby advised that any dissemination, distribution or copying of this message is strictly prohibited. If you have received this message in error, please immediately delete.
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
All index and market data from FactSet and MarketWatch.
This Research material was prepared by LPL Financial, LLC.
Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).
Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL affiliate, please note LPL makes no representation with respect to such entity.
- Not Insured by FDIC/NCUA or Any Other Government Agency
- Not Bank/Credit Union Guaranteed
- Not Bank/Credit Union Deposits or Obligations
- May Lose Value
For Public Use – Tracking 1-05063136