Last week, we published some thoughts on the US election results. Since that time, we’ve seen markets generally bounce upwards on the heels of Trump’s unexpected victory, with the Dow Jones even reaching a new record high in the days following the election.
Between Hilary’s on-again, off –again FBI investigations, Trump’s controversial and unconventional policies, his late night twitter tirades, the vicious personal attacks by both candidates and the wild polling results, you would be forgiven for thinking the latest presidential race will go down as one of the most peculiar elections in history.
Donald Trump’s unexpected victory in yesterday’s US Presidential election has sparked extreme volatility in share markets around the world. Since most polls and observers had been predicting a Clinton victory, this outcome has introduced an element of fear and uncertainty for investors. Based on the points below, our main advice to investors is to not panic. We do not believe this outcome should fundamentally change an investor’s medium to long-term investment strategy or asset allocation.
Meet Dave Blumenthal, our Director of Strategy and Analytics. Among many other things, Dave has custom built a beautifully sophisticated financial tool similar to the ones that Wall Street firms use, an Optimizer, one of the key tools of our investment management system.
You might ask how a highly automated investment management service (like Six Park) can be helpful when financial markets crash or become highly volatile? That is usually one of the first questions considered by investors assessing a robo-advice platform. There’s a good reason for this too...