

Gridlock is good! | Crouch Connection, November 2020 "ADV"
GRIDLOCK IS GOOD! The most consequential Presidential election of our lifetime is now behind us. Of the three election scenarios we outlined in our August letter, it appears that the market is betting on the third option we mentioned and most favorable outcome…a divided government with the Presidency and the House won by the Democrats with the Republicans currently being favored to win the majority (barely) in the Senate. BLUE WAVE JITTERS REVERSED The dreaded “Blue Wave” tha