How Would Impeachment Affect Our Investment Strategy?

How Would Impeachment Affect Our Investment Strategy?

Thankfully, there’s very little historic data about how markets have performed during past impeachment processes. Chief Investment Officer Jim Lowell discussed his approach to investing in the event of impeachment and whether it will boost a non-traditional candidate in 2020 in our recent quarterly webinar*: Investing Through Impeachments and Trade Wars.

Please enjoy the excerpt above and click here for the full webinar replay to hear more.

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Jim Lowell: We think it’s too early to make any investment decision based upon all of the headline hand-wringing relating to the impeachment process and will let it play out. We’ll watch it closely. I will certainly look for any specific impacts it may or may not have in terms of the data that we watch, the data that we can know.

Jim Lowell: As for 2020, well, you’ll hear a lot of promises and pledges on the campaign trail. We think it would be premature to make any investment decision or move based upon campaign pledges which often don’t materialize, especially given that Washington itself tends toward inertia rather than toward dramatic actions that change and append existing policies that have worked fairly well.

Jim Lowell: But all that said and done, we’re clearly cognizant of the fact that part of what’s increased uncertainty in the near term is the issue of the impeachment process. And despite the fact that we don’t have many data points on impeachment in the U.S., something obviously we can be thankful for, we know that our investment discipline over the last 25 years has weathered some extreme and unexpected events.

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For more information about the potential impact—or lack thereof—that politics is likely to have on your investments, read our free report Focus on Market Cycles, Not Election Cycles.

Click here for a replay of Investing Through Impeachments and Trade Wars. Please contact us at (800) 492-6868 to learn more about comprehensive wealth management solutions.

* Webinar recorded after the market closed on October 30, 2019.

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