The 59th quadrennial presidential election coming up November 3rd, 2020, has many pondering how the outcome may affect their investments. When it comes to the stock market, unless you have a crystal ball, trying to speculate the market reaction to a specific event like a Trump reelection or Biden victory may not be worthwhile. Historical trends show that volatility has typically been higher in election years than in non-election years, as the market frequently reprices the probability of the future administration’s policies. History is a helpful guide but, as we all know, does not guarantee future results. With this in mind, we at EBW would like to take our clients down memory lane with the attached piece from the Hartford Funds “The Times They Are A-Changin’ But are they?
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