The Upcoming Policy Push
"Though we see the same world, we see it through different eyes.” – Virginia Woolf
As negotiations over the largest tax increase in fifty years and the largest spending package in a hundred years heat up, there is little doubt we are entering the prime time for policy actions. Toss in a debt ceiling debate and Fed Chairman election, and the headlines coming out of Washington this fall will be important to monitor. August closed out seven months of positive returns (S&P 500) with several indices reaching all-time highs. What should investors expect as the legislative calendar heats up?
Click to read the full September BAPI commentary (BakerAvenue Prudence Indicator) or view our latest market update video from BakerAvenue’s Chief Investment Officer, Doug Couden, CFA.