We’re officially into November. So, anything big happening this week? No, not really? KIDDING – as we are ALL aware, Election Day 2020 is tomorrow. When it comes to the markets, uncertainty is always unwelcome. Just know that markets will be volatile for the remainder of this week, and possibly through the month and even the rest of the year. It’s not a reason to rip up the script and make hasty decisions!
Here’s what I’ve been reading this morning:
‘The Switch’ – Casey Mullooly – All Things are One
- It’s been a few months since Casey has taken to the blog, but he returned last week with a bang. Detailing the last few months, and major life decision, he outlines how we don’t always need to “take something away” from tough experiences. Part of becoming a better person is learning to live in that struggle.
‘Presidential Terms & Market Cycles’ – Ben Carlson – A Wealth of Common Sense
- As Ben writes in his latest post, the President tends to get far too much blame when things go poorly and far too much credit when they work out. He takes a look at the market, valuations, and other economic data going back to the 1880’s and what kind of environments we were operating under.
‘Portfolio Tweaks Before the Election’ – Michael Batnick – The Irrelevant Investor
- It’s usually more telling to watch what people DO instead of what they SAY. However, Michael takes a look at a recent UBS survey that asked investors if they tweaked their portfolios at all before the election.
‘What Does the Stock Market Do Around Election Day?’ – Nick Maggiulli – Of Dollars and Data
- The S&P 500 is now off about 8.6% from September highs, and the narrative is that markets usually get volatile around elections. Nick takes a look at that narrative, and if it’s true – what should you do about it?