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Markets Gaining Clarity as Election Unfolds

November 4, 2020

While the outcome of the 2020 presidential race remains undecided as of today, ClearBridge Co-Chief Investment Officer Scott Glasser explains in a Franklin Templeton 2020 Election Investment Pulse panel that election results so far have removed several key risks for equities, most notably the threat of higher taxes from a Democratic sweep. Initial market reaction has been positive, indicating a preference for a divided government that is still likely to pass an additional stimulus bill.       

Scott Glasser

Co-Chief Investment Officer, Portfolio Manager
29 Years experience
27 Years at ClearBridge

Related Perspectives

  • All opinions and data included in this commentary are as of the publication date and are subject to change. The opinions and views expressed herein are of the author and may differ from other portfolio managers or the firm as a whole, and are not intended to be a forecast of future events, a guarantee of future results or investment advice. This information should not be used as the sole basis to make any investment decision. The statistics have been obtained from sources believed to be reliable, but the accuracy and completeness of this information cannot be guaranteed. Neither ClearBridge Investments, LLC  nor its information providers are responsible for any damages or losses arising from any use of this information. 

  • Past performance is no guarantee of future results.

  • Performance source: Internal. Benchmark source: Standard & Poor’s.