By: Alfred Lam, CFA, Senior Vice-President and Chief Investment Officer
Marchello Holditch, CFA, Vice-President and Portfolio Manager
CI Multi-Asset Management
October 30, 2020
In these tumultuous times when society is fighting both a global pandemic and managing tensions around racial and economic inequality, Americans are heading to the polls to determine their leader for the next four years. While Joe Biden currently leads in the polls, it’s important to remember that polls have been wrong three times in the post war era (1948, 1976 and 2004). As is our process with most “known unknowns,” we look at the various outcomes and how they are likely to affect the economy, capital markets and our portfolios.