Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.
Two weeks ago, I wrote about the different scenarios that history teaches are possible based on the party in control of the presidency and Congress. This was done through the lens of our Political Seasonality Index (PSI) that I developed for a series of columns back in the nineties for Barron’s magazine.
Recently I was listening to an interview with a marketing expert who was explaining how marketing campaigns are crafted to change the way people think, shop, and vote. The discussion really got my attention when the guest said that such campaigns are designed to escalate fear, uncertainty, and doubt among the audience. He referred to this approach as a “FUD campaign.”
In 1999, I began working with writer Susan Ward at the weekly financial news magazine Barron’s to produce a series of columns on Flexible Plan Investments’ (FPI’s) Political Seasonality Index (PSI).
When we think of our lives or just talk about what we have been doing lately with a friend, we tend to focus on big events. If we have just started a new job or a baby was born, the event dominates our conversations. Similarly, in the news, election and pandemic news can consume the headlines and color what we think is occurring around us.
Gold prices broke below the $1,900-per-ounce level, testing the previous lows that were reached in late September.