The markets hate uncertainty, and now that the election is behind us investors have a clearer picture of what the future will look like. We are still waiting to see who will control the US Senate, and we have to wait until January for Georgia to hold two run-off elections.
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When it comes to predicting future performance, the only data available to investors is the past; and that is what investors will look to when trying to decipher the direction of the stock market after November’s election.
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On Thursday, September 24th, 2020, the U.S. Appeals Court of the Second Circuit ruled that investors who profited from Bernie Madoff’s massive Ponzi scheme that collapsed in December 2008 must now return their profits.
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