Tag: General Election

Pennsylvania Is Getting Interesting. Market Volatility Ahead?

Pennsylvania Is Getting Interesting. Market Volatility Ahead?

The capital markets would likely experience volatility in the coming weeks should the U.S. Supreme Court take up the Trump campaign's case regarding General Election results in the state of Pennsylvania. We expect the SCOTUS to do so. On Wednesday Pennsylvania judge Patricia McCullough (R) halted further vote certification until her evidentiary hearing Friday morning … Continue reading Pennsylvania Is Getting Interesting. Market Volatility Ahead?

What Does A Contested Election Mean for Markets?

What Does A Contested Election Mean for Markets?

A contested election will likely translate to increased market volatility and downside risk for equities. The longer the election resolution process, the greater the volatility and downside risk. A potential capital gains tax increase could lead to selling before year-end. SCOTUS justice Samuel Alito left the door open for President Trump initiated litigation with his … Continue reading What Does A Contested Election Mean for Markets?

Tuesday’s Election Will Be Closer Than What Polls Show

Tuesday’s Election Will Be Closer Than What Polls Show

Polling should show a Biden lead going into Tuesday's general election given that Democrats have historically participated in early voting in significantly larger numbers than have Republicans. Too Close To Call We believe that Tuesday's election between two fiscally irresponsible parties will be closer than many voters anticipate. Various polls show an early lead for … Continue reading Tuesday’s Election Will Be Closer Than What Polls Show

Share Repurchase Activity Is Accelerating at The Expense of Investing for Growth

Share Repurchase Activity Is Accelerating at The Expense of Investing for Growth

Technology companies are accelerating share repurchase activity in the face of economic uncertainty and record high share prices. This runs counter to our preference which is to invest for long-term growth. Apple (AAPL) spent $72 billion on share repurchases in the fiscal year ended September 30th, up from $67 billion last year. AAPL cash flows. … Continue reading Share Repurchase Activity Is Accelerating at The Expense of Investing for Growth