The Money Wise Guys are back with another look at last week’s numbers from Wall Street, along with a discussion about market seasonality and the interplay between politics and investing. Last week, the Dow was up 1.0%, the S&P 500 was up 0.9%, and the NASDAQ was up 0.8%. YTD the Dow is up 14.8%, the S&P is up 23.0%, and the NASDAQ is up 23.2% - though it still hasn’t reached its all-time high from July. In this episode, the Money Wise guys discuss the potential consequences of one of the most important presidential elections of our lives, as well as why they don’t recommend making investment decisions based on politics. Some investors are feeling reluctant to make decisions until the election is over, but it’s a mistake to sit on your hands because the most important thing is to keep participating in the market. The guys also discuss why the markets like congressional gridlock and why we shouldn’t fear an end to capitalism as we know it - no matter who wins the White House. The Money Wise guys also continue to discuss market seasonality and why the second half of October could prove volatile.

We all know the market fluctuates, and there are some periods of time each year when those fluctuations become more pronounced. The Money Wise guys mention market seasonality in October in this episode because, while the month often provides a rally after a tough August and September, this year might be different. Market seasonality in October may deviate from historic trends this year. You can read more about what to expect from market seasonality in October in this illuminating MarketWatch article. Check out this resource for more on seasonality trends.

In the second hour, the Money Wise guys share the 10 Myths of Retirement Planning. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.