Markets Have Outperformed When A President Seeks Reelection
By now youve all heard the news. Joe Biden, the Democrats presumptive nominee for president, has selected as his running mate Kamala Harris, junior senator from California and the states former attorney general.
If elected, she would be not only the first woman vice president in U.S. history but also the first Black American and first Indian American.
Bidens announcement is as good an occasion as any for investors to start thinking about the upcoming election, less than three mo…