As important as the US presidential election is to the world, it is impossible to separate out this one variable from the host of others that drive markets day-to-day, month-to-month and year-to-year.
The state of the international economy, the commodity price cycle, geopolitical events such as wars and trade disputes, natural disasters and pandemics, technological change, regulation and demography will all play their part too.
Ultimately, as much as we are drawn to stories or narratives, it is not who occupies the White House that determines market performance. By focusing on this to plot the likely path of stock prices, you risk ending up extracting bogus patterns from what is just random noise.
Stock markets have rewarded long-term investors no matter who is in the White House, it is why we focus on a disciplined, globally diversified investment approach as part of a wider financial plan. To find out more, we are offering our Second Opinion Service free of charge until the end of the year.
Barry O'Neill is an Investment Director at Carbon and can be contacted at firstname.lastname@example.org
The value of investments and the income derived from them can fall as well as rise. You may not get back what you invest.
This communication is for general information only and is not intended to be individual advice. It represents our understanding of law and HM Revenue & Customs practice. You are recommended to seek competent professional advice before taking any action.
Tax and Estate Planning Services are not regulated by the Financial Conduct Authority.
We have offices in Edinburgh, Glasgow, Aberdeen, Perth and London. You can contact us at any of our offices, or by email.
Carbon Financial Partners Limited is authorised and regulated by the Financial Conduct Authority. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
The Financial Conduct Authority does not regulate some forms of tax advice.
Registered in Scotland #SC386400.
Registered Office: 61 Manor Place, Edinburgh EH3 7EG, Scotland.
© Carbon Financial Partners 2021
Site designed and developed by Art Department