In this episode of WashingtonWise Investor, Mike Townsend digs into the factors fueling the unpredictability of the 2020 election, with special focus on the policy proposals of the leading Democratic presidential contenders and what they may mean for investors.

Mike also shares his cautious optimism over the “phase one” U.S.-China trade deal, looks at Congressional concerns over the record pace of corporate stock buybacks, and considers the Supreme Court’s decision to hear a case on the constitutionality of the Consumer Financial Protection Bureau. Finally, he responds to a question about historical market performance during election years.

WashingtonWise Investor is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.

If you enjoy the show, please leave a ★★★★★rating or review on Apple Podcasts

Important Disclosures

The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.

Investing involves risk including loss of principal.

The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.

(1119-92NF)