Weekend Reading: August 22-23

Aug 21, 2020 | Randall-Roberts Wealth Management


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Guide to Investing in an Election Year

Presidential elections can be divisive and unsettling. At times, the fate of the world seems to hang in the balance. But when it comes to investing, do elections really matter all that much? Our global research partners at Capital Group, a private investment manager with over $2 trillion in assets under management, put together their 'Guide to investing in an election year', drawing from their analysis of over 85 years of investment data across 22 election cycles. What did they learn? U.S. stocks have trended up regardless of whether a Republican or Democrat won the White House; primary season tends to be volatile but markets have bounced back strongly afterward; investors often get nervous and move into cash during election years but staying on the sidelines has rarely paid off. It's time in the market, not market timing, that matters most.

 

Audio commentary: Update on COVID-19 and the race to develop a vaccine

Dr. Kennen MacKay, Managing Director and Co-Head of Biotechnology Research for RBC Capital Markets, joins Janet Engels, Head of the Portfolio Advisory Group U.S., to talk about where things stand with COVID-19. They zero in on the data on the number of cases, and discuss how close we are to a vaccine as well as the impact of the race to find effective treatments, now and in the future. Janet asks the question on all our minds: "When will we be back to normal?" Please click here to listen to the recording (approximately 20-minute duration).

 

Audio commentary: The George Davis Report: August 2020 Edition

The George Davis Report is a monthly video series on the trajectory of the Canadian dollar. In the August 2020 edition, George discusses the drivers of the surprising CAD strength and why we remain cautious in the second half of 2020. Please click here to listen to the recording (approximately 5-minute duration).