I just came back from Washington D.C., where a series of industry meetings offered high-level insights into what could be in store for us – and our portfolios – as we get closer to the elections.
Washington insiders talked about what either a Republican or Democratic victory could mean for taxes, regulation, and legislation, and which business sectors might attract new investment, and get a much-needed boost, under the new regime (hint: think infrastructure). Sadly, whomever wins in November, the experts didn’t necessarily see an end to the Congressional gridlock that now makes it so hard to govern effectively.
Meanwhile, across town, another kind of gridlock was tieing the capital up in knots. The opening of the new National Museum of African American History and Culture drew huge crowds and snarled traffic across the city. President Obama spoke at the Museum’s opening ceremony on Saturday, joined by celebrities like Oprah Winfrey and Will Smith, and political leaders including Supreme Court Chief Justice John G. Roberts Jr., former president George W. Bush, and civil rights pioneer Rep. John Lewis (D-Ga.).
Our meetings concluded with new research on portfolio construction techniques and investment strategies that can help you sustain your portfolios even longer in retirement, the global trends shaping the next decade, and how to identify portfolio managers capable of delivering superior long-term results. We look forward to incorporating these new insights into your investment and financial planning strategies in the months ahead.