Bad Investor

Ep 14 - Does the election really matter for investors?


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There's a lot of rhetoric on both sides of the aisle as to who would be better for the economy -- Biden or Trump? Does the President really make a difference for an economy like the US's? Especially in 2020? I'm unsure -- it seems that we have a true establishment candidate (Biden) with decades of DC experience going agains the quasi-authoritarian reality show star (Trump) who really is limited in his power to improve the economy. 

Biden's not going to go far left -- he's a true corporate Dem. Trump wants the economy to do well, but he's just one man and the economy depend on a myriad of factors, such as productivity, sentiment, and political stability. Regardless of who wins, investors should be worried form a purely investment-focused perspective. 

From a more systemic and long-term perspective, however, things might be more ominous. If political stability and rule of law in the US is undermined, everyone will suffer greatly, including investors.

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Bad InvestorBy Bad Investor