With the election behind us, there is a bit more certainty about what a new administration would mean for the economy. In this video, Tower Bridge Advisors Chief Investment Officer Jim Meyer examines the potential impact of a Biden Presidency, combined with the upswing in COVID cases that threatens to negatively impact the economy again.
Previous Post: November 16, 2020 -The stock market continues to fly while Covid-19 cases spike. Investors were fooled once in February-March. They don’t seem to want to be fooled again by a viral spike that will only be temporary, especially with vaccines on the horizon. But that complacency may be a warning. If the surge gets much worse, our behavioral complacency is likely to change quickly. Should that happen, it would stand to reason that financial markets could be impacted as well.