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?