The Debate
Andrew Hearne, AWMA
Fully Licensed & Experienced Financial Advisor Seeking New Rewarding Career Opportunity
When the elections cycles are in full swing, you will see charts, graphs, and polls related to what issues are the most important to voters. Issues such as security, the economy, environmental concerns, international diplomacy, and even if someone just looks presidential or not is plotted and surveyed. As you quickly realize these results have much to do with who you ask and how you ask the questions.
When it comes to the economics, there can be so much passion and discord over which candidate will make or destroy the economy. It can get heated to the point of having the feel of two warring armies standing across hills from each other ready to charge into battle like the movie Braveheart. Both determined to be right and just in their rationale.
History has an interesting way of shedding some light on this economic concern. Not at all to determine or predict the winner of the election. Not really with any certainty of what the investment markets will or should do both in the United States and globally. History shows us that for the most part when the wind changes direction, businesses and investments change the direction of their sails to keep the ship going. The economy finds a way. Not all businesses survive changes, but economies seem to find new ways to adapt. This also means that investment strategies find a way to work through the same periods of time. If strategy changes were not possible, the investments markets, economies, and the business environment would not be here to write about in the first place.
As with most professionals, we all can find ways to tell you about the potential direction of the wind. Good financial professionals will always work with diligence to move your ship forward to your requested direction even if a storm lies ahead.