If you're like me, you will be extremely happy to have the end of political ad season. As I'm writing this post, nothing has been officially determined yet, but we'll most likely end up with a split Congress (Democratic House, GOP Senate.) Ultimately, while that probably means political gridlock until they can find some common ground, for investors it will mean a return to focusing on the sustainability of economic growth, corporate profits, interest rates, and so on. Remember, government moves slowly. The new Congress will be seated in January, and it would be probably another 6-9 months before anything were implemented and economic impact felt. Bottom line: watch the market fundamentals.
The greatest wild card will continue to be the trade conflict with China. Perhaps that may be the common ground that is needed...at least for the next 12 months before we start hearing about the primaries for 2020.
Enjoy it while you can! To talk more about how these economic times may affect your personal financial plans, give us a call at 708-960-0520 or schedule an Introductory Call using the Appointments tab above.