U.S. Presidential Election – Preparing For Any Outcome.
By Paul Ellis | Ellis Wealth Management
Published by: Lynnwood Times

As the U.S. presidential election draws near, expect to see more and more headlines that propose, “What will happen next if this person is elected?” or, “What policy changes to prepare for in the next four years?”

In reality, however, it isn’t easy to anticipate what may happen with the financial markets after the November elections. An ambitious investor would have to forecast the election results, evaluate which policies may become law, estimate a potential economic impact, and assess how the financial markets might react. That’s a tall order. 1

Remember, in addition to the presidency, a total of 35 Senate seats and 435 Congressional seats will be on the ballot. The makeup of the country’s executive and legislative branches may look much different—or very similar—in 2021. 2,3

A financial professional’s role is to help guide and equip clients with the tools they need regardless of who controls the White House or Congress. We’ve been through several elections, and we’re not going to be influenced by a headline that speculates about a policy or projects a new approach.

For now, our team—like you—is looking forward to how the elections will unfold. If you have specific questions about a policy change discussed by one of the candidates, speak to your financial professional. They will welcome the chance to discuss what you are hearing, and may be able to provide some insights and guidance.

Paul Ellis, CIMA® may be reached at 425.405.7720 or paul.ellis@elliswealthmanagement.net.

www.elliswealthmangement.net


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Citations

1. CNBC.com, September 19, 2020

2. 270towin.com, September 21, 2020

3. Ballotpedia.org, September 21, 2020

Mario Lotmore

Mario Lotmore is originally from The Bahamas and for the last seven years has called Mukilteo, WA his home. Having lived in every region of the United States has exposed him to various cultures, people, and approaches to life. Lotmore created the Lynnwood Times to represent the character of a diverse and growing Lynnwood. The launching of the city’s free community newspaper will only help bring neighborhoods together. Lotmore was an industrial engineer by trade and proven success implementing and managing lean accountable processes and policies within his eighteen years of operations excellence, strategic development, and project management in the aerospace, manufacturing, and banking industries. Over his career he has saved and created hundreds of union and non-union jobs. Lotmore is the President of a Homeowner Association, an active Science Technology Engineering and Mathematics volunteer in his community, and former Boeing 747 Diversity Council leader. Mario’s talent is finding “that recipe” of shared destiny to effectively improve the quality of life for others.

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