Does it matter to the markets which party wins the upcoming election? The answer from Heidi Richardson of U.S. iShares may come as a surprise to many. Regardless of which party controls the White House, John Mauldin believes the chances are they’ll face a recession during their first four years. He explains how economists use the Gross Domestic Income numbers to develop forecasts. With the possibility that 44% of men and 58% of women will need long-term care, it’s good to know what expenses may lie ahead. Emily Zulz takes a look at nursing home costs and long-term care insurance.

With Election Looming, Fundamentals and Fed Matter More For Investors–  The November election will be historic in many ways, but the long-term implications of either Hillary Clinton or Donald Trump winning will likely have less of an impact than many market participants are anticipating. That’s according to Heidi Richardson, head of investment strategy for U.S. iShares.  Factors such as inflation, interest rates and global growth are much more important to markets. And while these areas are a focal point for Federal Reserve (Fed) policy, they remain largely outside of presidential control, except to the extent that the president nominates (and the Senate approves) the Fed chairman and governors. Read more…

When Is The Next Recession Coming?-  Economist John Mauldin believes, “The odds that the next president will face a recession during his or her first four years in office are quite high. Maybe not in the first year, but it is highly unlikely he or she will get more than two to three years without one. ” Read more…

‘Must-Know’ Stats About Long-Term Care–  The Center for Retirement Research at Boston College estimates 44% of men and 58% of women will need long-term care.  Emily Zulz reports on long-term care expenses for Think Advisor.  Read more…

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