The famed American economist John Kenneth Galbraith once described prognosticators as falling into one of two categories: “those who don’t know, and those who don’t know they don’t know.”
Traditionally, clients have used combinations of cash, equities, and bonds to construct portfolios. These positions are generally held as long positions. There is an additional asset class called alternative investments. [...]
Historical data tells us that there is no political party that can claim victory with market performances versus the other.
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