United Asset Strategies, Inc., Shares with Forbes Readers, Top Sectors to Invest in After the Election
Garden City, NY (PRWEB) October 27, 2016 -- Thomas F. Healy III, Portfolio Manager at United Asset Strategies, Inc. discusses how the infrastructure and defense sectors would perform well under Hillary Clinton’s presidency. Healy stated that forecasters are currently giving Hillary Clinton a 79% chance of winning the election. “The likely outcome is, therefore, a Hillary presidency, a slight Republican majority in the Senate, and a continued majority for the GOP in the House.”
Thomas Healy noted that equity markets have performed best long term with this combination of a divided government (i.e. Democratic President and a Republican Congress). “Bottom line: the market prefers business as usual in Washington (aka gridlock).”
With the election on its way, we can expect equity markets to be volatile and uncertain. Healy said “Uncertainty is also the reason we would expect markets to be more volatile initially following a Donald Trump victory, given his lack of a political track record to inform investor expectations.”
Hillary Clinton’s victory would be more welcomed by markets as her position on most issues is better understood. Defense and infrastructure industries are believed to flourish under either administration. United Asset Strategies, Inc. Thomas Healy, believes defense spending would increase due to the growing global threat level from ISIS as well as increased aggression from North Korea and Russia.
In closing, “recent budgets have sought to abandon the sequestration levels that held defense spending down post the fiscal cliff resolution.”
“We plan to continue to overweight this sector using common stocks.” said Thomas Healy.
For the complete article, please click here http://www.forbes.com/sites/trangho/2016/10/15/how-to-invest-if-hillary-clinton-wins-the-election/#375e81da2931
Lee DeLorenzo, United Asset Strategies Inc, http://www.unitedasset.com, +1 (516) 222-0021, [email protected]
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