What are you thinking?
I figure there are 2 different outcomes from the election: a mandate or no mandate. If Biden wins and the Democrats sweep or if Trump wins and the Republicans keep the Senate, then there’s a mandate and the markets will react quickly and climb. If Trump loses and challenges the election, or the apparent winner is a different party than whoever controls the senate, then the markets will muddle through for days or weeks.
Here are some views in the news earlier this month.
Here was his view back in May
In the case where markets look to gain (whether because of a mandate like I propose above, or for whatever reason and the outlook seems positive), how might you proceed? I’m 20% in cash and will look to invest in a combination of structured notes, managed funds, and index funds (or ETFs) over a period of time.
And in the case where markets muddle through? Maybe look for Covid-friendly sectors? I don’t know - would really like your perspectives on this angle