The level of risk associated with a particular investment or asset class generally correlates with the level of return the investment or asset class might achieve. VISIT US. Learn more about potential impacts to policy and portfolios in Guide to 2020 Elections from Wells Fargo Investment Institute. To participate in a City of Fargo election, you must be a city resident for at least 30 days prior to the election. Global Investment Strategy (GIS) is a division of Wells Fargo Investment Institute, Inc. (WFII). Companies in the communication services sector may also be affected by rapid technology changes; pricing competition, large equipment upgrades, substantial capital requirements and government regulation and approval of products and services. Limited direct income payments to reduce income inequality. Fargo Moorhead West Fargo Chamber of Commerce is the best place to find a member or business in the Fargo ND area. Minnesota and North Dakota, plus all the national elections and ballot measures. Site Map. Low Federal Reserve policy interest rates. | To help investors plan for what’s to come as much as possible, the Wells Fargo Investment Institute offers their report, “Guide to the 2020 Elections: Potential Impacts on Policy and Portfolios.” Within the report, strategists present forecasts for how the November election result may impact markets, while factoring in ongoing economic themes. Annual budget deficits probably over $1 trillion. Continue efforts to re-shore manufacturing jobs, using bilateral negotiations with tariffs for leverage. Communication services companies are vulnerable to their products and services becoming outdated because of technological advancement and the innovation of competitors. Elections in Fargo are administered by the Cass County Auditor's office. Guide to the 2020 Elections: Potential Impacts on Policy and Portfolios Sep / 2020. Work requirements and other limitations on Medicaid eligibility. These risks are heightened in emerging markets. Visit the Elections 2020 site from Wells Fargo Investment Institute for more on the tax, spending, regulatory, and trade policy issues that tend to affect investors most. Abrechnung Kauf Wells Fargo Aktie vom 09.06.2020. Second, we believe that the party that wins the White House is likely to control the Senate. Maintain a favorable regulatory environment for fracking, pipelines, energy exports, and, more generally, fossil fuel generation. Current City of Fargo Commissioners terms expire: June 2022 If Biden holds his lead, single-party government is very likely to return in 2021. Control of Congress is crucial Oct / 2020. Third, single-party government can coincide with a favorable investment environment. CONTACT US. Election 2020 is coalescing around five priority policy categories. 3. All 50 states and the District of Columbia have now certified their presidential results, according to CNN's tally, as the Electoral College process … Privacy and Security View Fargo, Michigan’s hottest and latest local issues and local news of 2020 Elections, meet the local representatives, and get updates on voting information. Biden’s narrow leads in several of the key battleground state polls (including Arizona, Michigan, Pennsylvania, and Wisconsin) and in states that lean Republican (e.g., Texas, Georgia, and others) add to Biden’s vulnerability. The International Foundation for Electoral Systems maintains a comprehensive list of upcoming elections on its E-Guide Platform. The parties have clear differences, and the balance of power, the legislative agenda, and key appointments that emerge between now and March 2021 are still unknown. This is a question on many people’s minds. Report Fraud. 3 | Guide to the 2020 Elections. Here, some key ideas to keep in mind. Commissioner Arlette Preston. Wealth Planning in the 2020 Election Year. Facebook; LinkedIn; Twitter Google + Choose a link above. Some of the tax strategies available today may end in 2021, so we think now is the time to review tax planning strategies—particularly in light of possible changes to estate planning rules. In the months leading up to the Nov. 3 elections, we can expect to be inundated with news and speculation around potential changes in leadership and policy that could influence the direction of the economy. Some of the risks associated with investment in the Health Care sector include competition on branded products, sales erosion due to cheaper alternatives, research and development risk, government regulations and government approval of products anticipated to enter the market. Sources: Bloomberg, Wells Fargo Investment Institute, August 14, 2020. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. To vote, simply go to your designated precinct and present an accepted form of identification. Past performance is no guarantee of future results. Raise the corporate tax rate from 21%to 28%. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. 2. Visit Wells Fargo Investment Institute’s Elections 2020 microsite Foreign investing has additional risks including those associated with currency fluctuation, political and economic instability, and different accounting standards. Reduce regulations on air and water pollution. Source: Wells Fargo Investment Institute, September 1, 2020. Stock values may fluctuate in response to general economic and market conditions, the prospects of individual companies, and industry sectors. RealClearPolitics, 7.1% average over August 26, 2020 to September 1, 2020 period. We provide these links to external websites for your convenience. Presenter: Paul Christopher, CFA, Head of Global Market Strategy, Wells Fargo Investment Institute. Cuts to the payroll tax and capital gains tax. 2. See maps and real-time presidential election results for the 2020 US election. Remain critical of multilateral agreements and non-governmental organizations. You must also be at least 18 years old, a North Dakota resident and a citizen of the United States. The following elections are scheduled to occur in 2020. Opinions represent GIS’ opinion as of the date of this report and are for general informational purposes only and are not intended to predict or guarantee the future performance of any individual security, market sector or the markets generally. The following North Dakota elections have been identified as featured elections based on electoral history, competitive polling, campaign finance data, or significant involvement from noteworthy individuals or organizations. © 2020 Wells Fargo Investment Institute. In addition, the issue may be callable which may negatively impact the return of the security. High yield (junk) bonds have lower credit ratings and are subject to greater risk of default and greater principal risk. U.S. large- and mid-cap equities, because of their efficiency and greater focus than U.S. small caps and most international equity markets in digital technology and health care, two themes that are accelerating in importance. Historically, higher voter turnout has tended to result in one party taking the White House, the Senate, and the House. LIVE NOW: Trump-Biden Final Debate: Watch for FREE on News Break. Policies to target net zero carbon emissions in power generation. For a variety of voting information, visit the Cass County election information website or by calling the Cass County Auditor's Office at 701.241.5600. Tax laws or regulations are subject to change at any time and can have a substantial impact on individual situations. Presidential elections in 1988, 2000, and 2016 show that big leads can evaporate in the weeks before an election. Our current investment preferences already are consistent with these trends, so ahead of the election, we favor aligning portfolios with our preferred markets and sectors. Tax on unrealized capital gains at death. Monetary policy implicitly focusing on racial gaps in jobs, wages and wealth. Voter turnout will be a deciding factor this year as well, and it will be especially hard to predict. Increased spending on infrastructure and health care. SHARE THIS PAGE. What do investors need to know before—and beyond—November 3? But if Trump prevails, Congress could have split leadership. 2020 Elections. Technology and Internet-related stocks, especially smaller, less-seasoned companies, tend to be more volatile than the overall market. Video: How can the November elections affect portfolios? Split Congress: Different parties lead the chambers of Congress. Elections in Fargo are administered by the Cass County Auditor's office. June 2024 Comparing policies: Likely to unlikely outcomes, Not Insured by the FDIC or Any Federal Government Agency, Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate, Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested, https://d2fa1rtq5g6o80.cloudfront.net/wp-content/uploads/2020/09/2020-Election-External-Ver-SM-01.mp4, Wells Fargo Investment Designate Medicare to negotiate lower drug prices. Mayor Tim Mahoney Commissioner John Strand Find more details—including additional insights for investors and details on policies that could impact the markets—in the Guide to the 2020 Elections. This list will be regularly reassessed as the year progresses. We anticipate that the Democrats will keep the leadership in the House of Representatives but also think it likely that the Senate will follow the presidential race. The information in this report was prepared by the Global Investment Strategy (GIS) division of WFII. Print Key takeaways: Tax and estate planning during election years can be difficult. Consider all relevant information, including your existing portfolio, investment objectives, risk tolerance, liquidity needs, and investment time horizon. 1. All rights reserved. CAR-0820-03918. Biden opened up a sizable summer lead in the polls, but Trump is still capable of closing the gap by November. A four-year, $700-billion “Made in All of America” plan for federal procurement of U.S. manufactured goods. Trump’s assertive campaign style has yet to test the Biden campaign. These steps include our current asset class and sector preferences that come from themes that we think will dominate the economy no matter who wins. Unified Congress: One party leads both chambers of Congress; president is of the other party. Fully one-half of the presidential elections since 1944 have delivered single-party government. Risks associated with the Information Technology sector include increased competition from domestic and international companies, unexpected changes in demand, regulatory actions, technical problems with key products, and the departure of key members of management. Biden opened a sizable summer lead in the polls, but we believe it’s too early to count President Trump out.1. *The analysis excludes the years 2001-2002, because Sen Jeffords switched parties in mid-2001. Wells Fargo Advisors is registered with the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority, but is not licensed or registered with any financial services regulatory authority outside of the U.S. Non-U.S. residents who maintain U.S.-based financial services account(s) with Wells Fargo Advisors may not be afforded certain protections conferred by legislation and regulations in their country of residence in respect of any investments, investment transactions, or communications made with Wells Fargo Advisors. A side-by-side comparison of Biden and Trump policy positions. All the latest news and results for the US Election 2020 from the BBC. Expand immigration and ease the citizenship process. Join Scott & Alex at Three Lyons Pub in West Fargo (675 13th Ave E West Fargo, Do not use this report as the sole basis for investment decisions. Fargo Public Schools; Board Election 2020; Board of Education. Paul Christopher, Head of Global Market Strategy for Wells Fargo Investment Institute, previews its Guide to the 2020 Elections scheduled to release Thursday, September 10. Commissioner Dave Piepkorn Finally, elections are only the beginning—not the end—of how the investment landscape may change. Visit Elections 2020: Insights and Impacts, Wells Fargo Investment 415 North 4th Street. Public option for Affordable Care Act (ACA). Title graphic: Elections are only the beginning—not the end—of how the investment landscape may change. Obtain information on absentee voting or where to vote or by filing out the e-mail contact form on the Cass County website or by calling 701.241.5600. The information contained herein constitutes general information and is not directed to, designed for, or individually tailored to any particular investor or potential investor. DAYS ‘TIL ELECTION NoV 3, 2020 . Investment and Insurance Products are: “Made in All of America” plan to encourage overseas manufacturing to return to the U.S. Continue pressure on China via tariffs and trade, visa, licensing restrictions. | Government transfers to narrow income inequalities. Additional information is available upon request. Explore policy positions by clicking on each tab below. Return an absentee ballot to the Cass County Finance Office via U.S. Here are points to consider: Title graphic: Both presidential candidates are still positioned for a win. But, unified government has typically coincided with S&P 500 Index price returns slightly above the average annual price gain over the last 75 years. The National Democratic Institute also maintains a calendar of elections around the world in the countries in which the organization works.. Be sure to consult your own legal or tax advisor before taking any action that may involve tax consequences. Wells Fargo and its affiliates are not legal or tax advisors. Visit Elections 2020: Insights and Impacts This report is not intended to be a client-specific suitability or best interest analysis or recommendation, an offer to participate in any investment, or a recommendation to buy, hold, or sell securities. It may take until then to see more clarity on the congressional balance of power, the legislative agenda, and how key positions are staffed. Commissioner Tony Gehrig This week’s TV: Election interference, revisiting Comey’s actions, and the return of ‘Fargo’ By Matthew Gilbert Globe Staff, Updated September 21, 2020, 7:00 a.m. Email to a Friend