As of the time of this writing, it remains to be seen who will occupy the White House in the New Year. The closely contested U.S. election saw an unprecedented volume of absentee ballots and the counting still continues. The lack of a clear winner has amplified existing political uncertainty and distracted investors.
Whether you believe this election's outcome will be reminiscent of the 2000 election that was settled by the Supreme Court, or come to a much faster conclusion, economists expect U.S. equity markets to sustain an elevated level of volatility in the near term. Read SEI's commentary on what's happening in the 2020 election story, as well as why they are are not making immediate changes to their portfolios based on the election outcome.