Kevin Gordon

Dec 11, 2024 | advisorperspectives.com | Liz Ann Sonders |Kevin Gordon

We've often chuckled at comments about "markets hating uncertainty"…as if there have ever been periods of certainty. But as we close the books on 2024 and peer into 2025, perhaps the uncertainties this time are of a magnitude beyond the norm. President-elect Trump's policy proposals have always sparked intense debate, but the extreme uncertainties surrounding them—and the myriad associated crosscurrents—have made it difficult to forecast their impact on both domestic and global conditions.

Nov 27, 2024 | advisorperspectives.com | Liz Ann Sonders |Kevin Gordon

It's been an eventful few weeks. On the heels of the presidential election, stocks initially rallied with force, reflecting investor optimism over potential regulatory rollbacks and lower corporate tax rates. Shown via the blue bars in the chart below, equity indexes and the Magnificent 7 (Mag7) group of stocks were up between 3% and more than 7% in the days immediately following the election.

Oct 1, 2024 | advisorperspectives.com | Liz Ann Sonders |Kevin Gordon

Sign me up to receive email newsletters from VettaFi Advisor PerspectivesShame on anyone stopping the analysis there by exclaiming that investors would have been much better off only investing when Democrats were in the White House. An investor who did not care whether the Oval Office was painted blue or red, and kept their money in the market, saw that initial investment grow to nearly $38 million.

Sep 30, 2024 | schwab.com | Liz Ann Sonders |Kevin Gordon

We make it a habit not to wade into partisan politics, so consider this election-related report more of a "fact sheet." As an addendum for readers who like to go deeper into the weeds of election-related policy proposals (including on taxes), we would point readers to the excellent work of our colleague Mike Townsend, Managing Director of Legislative and Regulatory Affairs (2024 Election: A Look at Candidates' Tax Proposals and 2024 Election: What Investors Should Know).

Sep 5, 2024 | advisorperspectives.com | Liz Ann Sonders |Kevin Gordon

The Federal Reserve has 12 districts around the country, but only one mission: to keep investors guessing. It's that time of the cycle to switch from pause mode to cutting mode, with consensus gelling around a 25 basis points cut at the September Federal Open Market Committee (FOMC) meeting in mid-September, while there are adherents to the 50 basis points view.