U.S. President Donald Trump speaks to reporters during a news conference in the Brady Press Briefing Room at the White House in Washington, September 18, 2020.
Kevin Lamarque | Reuters
The presidential election is the next known major event ahead of the Wall Street. Investment strategists are busy pushing out political playbooks, most of them starting with something like, “Clients continue to ask us about the implications of the election…” It’s the top-of-mind risk factor cited, a universal excuse for predicting autumnal volatility.
In other words, everyone is likely overplaying the election as a crucial or lasting driver of the