It’s always interesting to see how the stock market responds to a major news event. And this week is no exception. President Donald Trump won the election and, on Wednesday, the market went up – bigly. It seemed to unequivocally endorse the result. Or did it? Historically, the market has shown no clear performance difference…Read more
I.O.U. Spoiler alert: There’s a U.S. election coming in hot. That simple fact has made certain topics more mainstream in recent days and weeks, one of which is our national debt level and the size of our ongoing budget deficit. Without getting into the political weeds, investors generally expect that the budget deficit will stay…Read more
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