Weekly Investment Update

The US Presidential Election is now just over a week away, and investors have been closely tracking the polls for an indication of what to potentially expect from Washington for the next four years. The charts below highlight that Democratic candidate, Joe Biden, is still significantly favored over Donald Trump, though Trump’s odds have been increasing modestly since late September. Also important is the control of the Senate and House of Representatives. At this stage, Democrats are heavily expected retain control of the House, but control of the Senate is still a coin flip. If Democrats are able to take the White House and both houses of congress on election day, the result could be a larger and more expedited fiscal stimulus bill than one that would be passed (or not) under a divided government structure.

Source: Bloomberg

Key Economic Releases This Week

Asset Class Returns

Prices & Interest Rates

Past performance may not be representative of future results.  All investments are subject to loss.  Forecasts regarding the market or economy are subject to a wide range of possible outcomes.  The views presented in this market update may prove to be inaccurate for a variety of factors.  These views are as of the date listed above and are subject to change based on changes in fundamental economic or market-related data.  Please contact your Financial Advisor in order to complete an updated risk assessment to ensure that your investment allocation is appropriate.