Back to All Insights

Election Day is over. There’s a vaccine. Now what?

Featured Image Election Day is over. There’s a vaccine. Now what?

November 2020

The year 2020 has been an emotional rollercoaster and this past month was no exception. The S&P 500 is up 12.1% on a total return basis in the month of November. Significant contributors to the market’s effervescence are a degree of certainty that the ultimate election outcome will be a divided government combined with news of a highly effective Covid-19 vaccine.

In “Election Day is over. There’s a vaccine. Now what?“, we take a look at what the market “baked in” prior to November and how it has adapted since. These are exciting times in the market, filled with themes like gridlock, rotations, steepening and the like. We hope you find these thoughts informative and, as always, we welcome your questions and comments.

Related

September 2022

The Value of Hard Truths

Read More

June 2022

Gaining Weight Takes Time & Losing it is Not Fun

Read More

May 2022

Rates Rise & Bears Growl

Read More