Election 2020: Thoughts About a Contested Election

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We’re now in the homestretch of the election season. About the only thing that’s clear is how divisive the presidential election has been for the candidates and their supporters. With a record number of mail-in ballots expected and considering the candidates’ comments during the first debate, it appears increasingly likely the fight will continue beyond…

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The Folly of Year-Ahead Forecasts

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At the end of every year, the investment magazine Barron’s publishes a market outlook for the year ahead. It includes a survey of market strategists from leading asset managers and investment banks who provide commentary and forecasts for where they believe the S&P 500 will finish the next year. To determine the year-end price target,…

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