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Let’s Talk... Election Results!

It’s my job to best position your assets based on the political reality at hand, not to be political. Now that we have results of last night’s senate election in Georgia, here are a few moves I’ll start making.

First, I believe the dollar will remain weak. Emerging and international markets could outperform in this type of environment. We will have a president and congress that are more friendly to trade. This coupled with the increases in stimulus and deficits could lead to a continued weaker dollar, in my opinion.

Second, I continue saying that cash may not be a appropriate strategy right now. You’ll continue to have the Federal Reserve adding to the money supply. When dollars get added, the value of your dollar goes down. It’s a simple law of supply and demand.

Third, real estate should continue to do well because interest rates will remain low. You also have the added feature that people who are working from home may want to trade up.

Fourth, in my opinion, you’ll see a continued drift to a cleaner energy. As I’ve said before, based on technological advancements, electric vehicles will be the future of travel.

What are some of the financial moves you will be making?

The content in this material was created for educational and informational purposes only and is not intended as an investment advice.

The opinions voiced in this material are for general information only and not intended to provide specific advice or recommendations for any individual.

The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

Memorial Wealth Group discusses possible implications on stock market based on election results