The Economy & Markets
We’re continuing to monitor the markets as well as the impact the novel coronavirus COVID-19 is having on them around the world. In the meantime, we’re doing everything we can to provide useful, accurate information to our clients to ease the uncertainty many of us are feeling. Sometimes it helps to hear expert perspective, so we’re sharing The Most Recent Market Update from Phil Blancato, President and CEO of Ladenburg Thalmann Asset Management and a well-known name in the investment industry.
In an early July poll, 58% of Americans said they thought the U.S. economy was in a recession, up from 53% in June and 48% in May. Yet many economic indicators, notably employment, remain strong. The current situation is unusual, and there is little consensus among economists as to whether a recession has begun or may be coming soon.
Considering the high level of public concern, it may be helpful to look at how a recession is officially determined and some current indicators that suggest strength or weakness in the U.S. economy.
Tuesday, September 1, 2020
Presidential elections can be divisive and unsettling. At times, the fate of the world seems to hang in the balance. But when it comes to investing, do elections really matter all that much?
U.S. voters will have their say on November 3, but by maintaining a long-term focus, investors can position themselves for a brighter future regardless of the outcome at the voting booth. In fact, overreacting to short-term volatility during election cycles can be detrimental to investment returns.
In this guide, we address top advisor questions about investing in an election year, drawing insights from our analysis of over 85 years of investment data across 22 election cycles.