
I decided to take a minute to write about how I see repeated evidence of our own beliefs / biases formulating our opinions and thereafter our decisions versus what is the actual real data or empirical evidence. Almost daily when talking with clients, friends and even industry peers, comments and decisions are made that are inconsistent with historical data.
When it comes to this year’s election, it is important to keep a big-picture perspective. While it is true that the equity markets underperforms slightly in general election year, it is typically such a small change that long-term concern is unwarranted.