The S&P 500 Index has correctly predicted 19 of the past 22 presidential elections and every election since 1985... Amid unprecedented political polarization, lackluster growth, persistently low interest rates, and mounting geopolitical tensions, investors are grappling with allocation decisions as what may be the most contentious presidential election in their lifetime approaches. Politics aside, the next president will be pressed to boost growth, trade, innovation, and jobs in a slow economy transformed by globalization and technology. Note: The purpose of this special report is to help investors evaluate the potential investment implications of the presidential candidates’ most salient economic policies. It is not intended to take sides but rather to shed light on how, historically, markets and sectors have performed before and after past elections, and how various interests might be affected by current proposals, which might prompt consideration of the possible investment decisions to be made. Read on for an excerpt of Lord Abbett's engaging commentary, or view the entire document here.
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