S&P 500 Weekly Update: Obsessing Over The Election Turned Out To Be A Mistake

“Information is not knowledge.” – Albert Einstein

Last week it was all about “the calm before the storm”. Instead of more anxiety, the storm turned out to be a whirlwind for the Bulls.

It’s finally over. Yes although we don’t have a declared “winner” three days after an election, it’s over. All of the different political scenarios, all of the forecasts of what sectors/stocks are going to do well under Biden or Trump. Whether there is a Blue Wave or there is a gridlock setup in congress. I for one now will have fewer distractions, take time to regroup, and more than likely go back to playing the cards that are dealt.

No matter who sits in the White House next year it is ‘likely” investors in the stock market will be laboring with the backdrop of a divided government, or as one analyst mentioned, a “frozen government”. The stock

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