"Whatever comes out of these gates, we've got a better chance of survival if we work together. Do you understand? If we stay together we survive." Maximus Decimus Meridius aka Russell Crowe c.2000
Good Morning
On the eve of the US elections, the only thing I know is certain, is that none of us know what is certain. The anticipation building up to these 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.
The below chart looks at the market and economic data for nearly 100 years of US presidential terms and shows a consistent upward march for equities regardless of the administration in place. This is an important lesson on the benefits of a long-term investment approach.
The media will make a lot of noise post-election no matter the result. As humans, our instincts will be tested to the maximum.
All of us must focus and look at it with our long term financial future in mind. The key takeaway is that all financial success comes from acting on a plan, a lot of financial failures come from reacting to the market. We are here to help you no matter what comes through those gates