In a lot of ways this election will be unlike any we have experienced in recent memory. There is a plethora of uncertainties that investors must contend with, including the ongoing pandemic, over 12 million unemployed, recession, fiscal stimulus stalemate, potential contentious transfer of power, policy uncertainty, and an open supreme court seat. This list of growing dynamics will make it difficult to use past market behavior around elections as a benchmark for what to expect this year. However, I do believe it is worth considering historical trends before and after past elections with the opportunity to gain some insight on what we might expect this go around.
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