Trump vs. Biden - What does the Market Look Like

For anyone keeping up with the news, the year 2020 has been full of twists and turns, with one of the biggest debates being the upcoming Presidential election. Trump vs. Biden: who will win? On this episode of Money on Tap, Ben and Seth, along with a special guest, break down the details on how the stock market will be affected depending on who the winner of the election is. There’s statistics, predictions, and discussions around different things that the presidential election will ultimately affect. So if you’re wondering whether or not to invest depending on the final outcome, you came to the right place! Money on Tap will help you figure out how to best handle your finances before and after the election.Why doesn't inflation feel like the official 3%?Because inflation is the rate at which prices rise, while affordability is the level of prices you have to live with — and that level never resets. Retirees also buy a different basket than the CPI emphasizes: shelter costs, insurance, property taxes, healthcare, prescriptions, food, and fuel, several of which run far hotter than headline inflation. Oil compounds it, touching every leg of the delivery chain. A resilient retirement plan stress-tests income needs well above the Fed's target and fights back with pricing-power equities, reasonable bond yields, guaranteed lifetime income for core expenses, and tax mitigation that lets you keep more of every distribution.