There is no question the presidential election of 2020 is going to change the future of the United States, but that election is in November, and affluent investors have portfolio decisions to make before that time.
Spectrem’s new research, Election 2020, reveals how the current political discourse influences their portfolio decisions today.
While 52 percent of affluent investors plan to make no major portfolio changes due to concerns over the results of the 2020 presidential election, 29 percent plan to make changes that reflect uncertainty about how the election will impact investments. Fifteen percent plan to keep more of their assets in cash investments, and 14 percent are going to concentrate more on fixed income products to protect their portfolio.
Whatever happens in the 2020 presidential election, a majority of investors believe there will be a notable change in how they invest come November. Fourteen percent expect a significant impact in their portfolio decision-making as a result of the election, no matter who wins, and 39 percent believe there will be some impact going forward.