Christopher J. Fabian, CFP, RICP, CRPC

Another election with another unusual outcome (the delay, not the result), yet the market seems to have digested things well... Add on the Pfizer news from this AM, and Happy Monday!

Please join me in welcoming Melissa Milohnic to the Fabian team here in Clifton Park... Melissa joins us after finishing up her degree in business administration from the University at Albany and being inducted to our intern hall of fame. We're lucky to have you and looking forward to watching your career take off!

Wondering about investing during an election? Check this out, great resource to trust the facts, not your emotions! https://bit.ly/3g6fRbj

Our friends over at LPLResearch released their 2020 mid-year Outlook. Take a look! If you like it, share it. https://bit.ly/3kpULbs

Reminder: Economic recession news (trailing, data based, could be over by the time the data says that it had happened) and the equity market (forward looking, based on expected outcomes in the future) are two entirely different things. Correlated in some cases, yes, but the news that we experienced a recession does not mean the worst is yet to come - usually, much to the contrary.

I hear many clients/investors say "What goes up must come down" after a good run in the market... These last 2+ months have also proven there's no gravity factor for the market, and that what goes down must come back up. The long term growth of the market is not a flat line balancing out to zero, it is upwards of 10% annualized and compounding. Happy Monday!