Monthly Investment Update: November 2020

Risk assets generally fell in October as hopes for additional stimulus before the election faded and investors saw a resurgence of COVID-19 cases in many parts of the world. The S&P 500 lost 2.7% during the month resulting in a 2.8% gain year-to-date . Tomorrow is the US Presidential Election, and hopefully we will have a clear outcome that evening or shortly thereafter.

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Weekly Investment Update October 26, 2020

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.

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Weekly Investment Update October 19, 2020

US equity markets, as measured by the S&P 500 index, were flat last week as investors monitored initial third quarter earnings results from companies and tracked the progress toward additional fiscal stimulus from Washington. During the weekend, House Speaker, Nancy Pelosi, gave the White House until Tuesday to reach a deal with Democrats, and she has been in active discussions with Treasury Secretary, Steven Mnuchin, to work through areas of disagreement.

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Weekly Investment Update October 12, 2020

US equity markets, as measured by the S&P 500 index, advanced nearly four percent last week as investors closely monitor the negotiations in Washington regarding additional fiscal stimulus to support individuals negatively impacted by the pandemic . The 2020 Presidential election is now only three weeks away, and Democratic candidate, Joe Biden, has opened up a sizable lead in many polls.

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