Time to Read: 3 Minutes
In our most recent webinar titled, “Pre-Election Positioning”, we review where some of our key indicators stand leading into the election and what the election could mean for the markets. Here are the key takeaways:
- Global recession likely ended this summer, but COVID-19 spread continues without approved vaccine or readily available therapies.
- Massive money printing by the Fed and fiscal stimulus has helped the recovery (especially in asset prices) but could cause issues down the road.
- FANMAG & Nasdaq 100 stocks got overvalued while other equities look expensive due to lack of earnings, prompting Stratos Private Wealth to cut exposure in early September.
- Election uncertainty could be catalyst for market pull back in a variety of scenarios.
- We review those scenarios and explain our outlook for the rest of 2020.
Please contact Stratos Private Wealth if you would like to discuss your specific situation in more detail.
Stratos Private Wealth is a division through which Stratos Wealth Partners, Ltd. markets wealth management services. Investment advisory services offered through Stratos Wealth Partners, Ltd., a registered investment adviser. Stratos Wealth Partners and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only; and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Investing involves risk including possible loss of principal. Some of the information contained herein has been obtained from third party sources which are reasonably believed to be reliable, but we cannot guarantee its accuracy or completeness. The information should not be regarded as a complete analysis of the subjects discussed.
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