Single Point of View

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The Election and Your Money

I wanted to touch base with you all as I know there are a lot of questions about the impact on your money given the results of the election last night. This is not a political commentary, there is plenty of that out there for you in other forums. I wrote a similar email to this, focusing on the impact to your financial life, over the summer when the vote on Brexit occurred.   One thing that is consistent about financial markets is that they do not like uncertainty.  When the polling is incorrect, and a different result than was expected by many occurs, it brings on uncertainty.   Last night at around 1:00 am (while I was emailing with some of you) the futures markets had the S&P down around 5% because of this uncertainty.  As of this writing around 8:00 am, that has come back to down only about 1%....
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