| Speaking of which, President Trump might be careful about hogging the credit for the rally he experienced during his tenure. For one thing, stocks can get thrown into reverse in an eye blink. For another, while it's true that Trump's tax cuts and deregulatory policies were good for hiring, wages and capital spending, presidents have limited influence over the business cycle. Far more potent are inflation, interest rates, Fed policy, energy prices, currency fluctuations, worker productivity, consumer confidence, and corporate earnings. No matter. Voters will credit or blame the sitting president for the economy's performance. (Recall George H.W. Bush's rapid fall from a 90% approval rating following the Gulf War to an ignominious loss to the upstart from Arkansas, thanks to a tepid economy.) Look back through history, and you'll see stocks have delivered exceptional returns under both Republican and Democratic administrations. The S&P 500 returned 12.4% annually under Carter, 15.1% under Reagan, 15.5% under Eisenhower, 15.6% under Ford, 16.3% under Obama and 17.5% under Clinton. Only time will reveal the future president's legacy. Meanwhile, don't let your political views - whatever they may be - turn you away from the market. Commerce trumps politics. With Election Day looming, this advice is more important to follow than ever before. That's why I've created an urgent election blueprint that I'm calling "The Perfect Election Strategy." I've used it to outperform the market by up to 578% every year following an election since 2004. Go here for more details now. Good investing, Alex | 
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