Shesa's October 2020 Investment Blog
OCTOBER 2020 - INVESTMENT BLOG By Shesa Nayak U.S. Stock Market Update A major milestone knock on the door and that’s U.S presidential election on NOV 3. The stock market is keeping an eye and obviously little nervous about the outcome! Who will be the next president, what would be his policies? Will that be supportive for the stock market? If poll results are any indications then Democrats are expected win. However, until we see the results it’s just a guessing game for now. If there will be change of power, should we revisit our portfolio? Should we wait till the election is over? As an investor, so many such uncertain questions come to mind. Meanwhile another $2.2 trillion stimulus was approved by house democrats but it failed time and again because none of the parties are willing to bend! Today Nancy Pelosi has given a 48 hours deadline to White House to reach a Corina Virus stimulus deal before election. The failure of having a stimulus, fad...