- Heading into the 2020 election, the most probable outcome according to betting markets was a “blue sweep”. Under this scenario, the democratic party would be able to push through policies, such as tax increases, relatively easily and swiftly.
- Historically, U.S. stocks, as measured by the S&P 500, have performed better during periods of political gridlock. Gridlock makes it difficult for major policy changes to pass, preventing policy-related outcomes the market may view as most unfavorable.
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The material shown is for informational purposes only. Any opinions expressed are current only as of the time made and are subject to change without notice. This report may include estimates, projections or other forward-looking statements; however, forward-looking statements are subject to numerous assumptions, risks, and uncertainties, and actual results may differ materially from those anticipated in forward-looking statements. As a practical matter, no entity is able to accurately and consistently predict future market activities. Additionally, please be aware that past performance is not a guide to the future performance of any investment, and that the performance results and historical information provided displayed herein may have been adversely or favorably impacted by events and economic conditions that will not prevail in the future. Therefore, it should not be inferred that these results are indicative of the future performance of any strategy, index, fund, manager or group of managers. The graphs and tables making up this report have been based on unaudited, third-party data and performance information provided to us by one or more commercial databases. While we believe this information to be reliable, SpringTide Partners bears no responsibility whatsoever for any errors or omissions.
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