With just under a year until US general elections, we examined the market performance pre-election. Historically, the S&P 500 saw mid-single-digit returns on average, despite large variance across election years. We believe: 1) the inconclusive trend in equity returns suggests that an election should not drive investment strategy, and 2) markets are more responsive to underlying fundamentals than to voting outcomes.
Source: Bloomberg and GSAM. As of November 8, 2019.
Presenting ideas for the unique challenges and opportunities specific to the female, millennial and LGBT investor.
Weekly views from senior Goldman Sachs economists and strategists
Quarterly insights on market conditions and timely investment ideas
Monthly market commentary coupled with insights on portfolio construction
Posts on the latest market developments and key themes for your portfolios