Wednesday, July 29, 2020
We are about half way through summer, the first round of fiscal stimulus is scheduled to end in less than a week, COVID continues to dominate the headlines and the stock market is well into the first full earnings season since the beginning of social distancing. Expect more frequent newsletters from Weller Group in the coming weeks as we are now in the phase of measuring the effectiveness of countless political, financial, economic and societal decisions implemented in the spring.
The 2020 Presidential election is approximately three months from today, and it would be an understatement to say this year is expected to be contentious. Over the past several weeks I’ve listened to many people state their belief of what will happen if either Trump or Biden is elected. The two most common conclusions I hear can be summarized as this: No matter who is elected, there is no hope…no hope for the U.S., our economy or society.
Recently, I read the attached Forbes article and am sharing it with you with the intention of providing some historical perspective of how the world is impacted by a Democrat or Republican president. The article offers a heavy dose of data and sprinkles in some opinion – while we might not agree with every opinion, I encourage you to focus on the facts, and to form your own conclusions, as I have.
As always, please contact me if you want to talk. And if you haven’t yet taken the opportunity to do so please visit our new website at www.wellergroupllc.com.