The year 2020 has certainly been one that will be remembered for decades to come. From Australian bushfires in January, to a dangerous escalation between the US and Iran in February, to the black swan event of the coronavirus and the shortest global recession ever there has been no shortage of  major events.  The next  big event is the upcoming US presidential election.

Who will lead the United States on the global stage for the next four years? Will Congress remain divided or will there be a  Democratic sweep? Will a winner be  announced on November 3? There are many questions  surrounding the election.  One of the most important is how does the US stock market perform during such times?

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All content written and assembled by Raymond James Investment Strategy

ADDITIONAL DISCLOSURES

Views expressed in this newsletter are the current opinion of the author, but not necessarily those of Raymond James & Associates or your financial advisor. The author’s opinions are subject to change without notice. Information contained in this report was received from sources believed to be reliable, but accuracy is not guaranteed. Past performance is not indicative of future results. Investing always involves risk and you may incur a profit or loss. No investment strategy can guarantee success. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Sector investments are companies engaged in business related to a specific sector. They are subject to fierce competition and their products and services may be subject to rapid obsolescence.  There are additional risks associated with investing in an individual sector, including limited diversification.

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