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Political Picture | Fall 2014

  • Writer: Doug Lagerstrom
    Doug Lagerstrom
  • Sep 30, 2014
  • 1 min read

You might be wondering why a financial newsletter would have a political picture section. Although we do not offer any judgments of political policies (it’s just out of the area of our expertise), we do analyze the effect these policies may have on the economy and the financial markets.

It is simply naïve to think that policies passed in Washington have no effect on the pricing of financial assets in New York. We believe it is within our role as your financial advisor, therefore, to monitor the political environment and determine the effect that new regulations, tax policy, and laws will have on the economy and subsequently the financial markets.


Although there is generally a lag between a new policy and its effect on the economy, the financial markets often anticipate the expected effect policies will have on the economy and respond immediately. We don’t believe it is prudent to guess the direction the political winds will blow and base investment advice on that opinion.


However, at Private Wealth Solutions, we do believe that financial recommendations should take into account all relevant information, including the political environment. In future articles in this section, do not look for judgments on the wisdom, or lack thereof, of current fiscal policy.


Instead you should anticipate an analysis on the likely effect of current or potential future laws, taxes and policies on the economy and the financial markets


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Private Wealth Solutions LLC

26050 Mureau Road, Ste 103

Calabasas, CA 91302

T: 818-264-0600

F: 818-666-3519

lynn@privatewealthsolutions.com

Doug Lagerstrom and Allen Minassian are registered with and offer securities through Kovack Securities, Inc. Member FINRA/SIPC. 6451 North Federal Hwy, Suite 1201 Ft. Lauderdale, FL 33308 (954)782-4771. Investment Advisory services offered through Private Wealth Solutions, a registered investment advisor. Private Wealth Solutions is not affiliated with Kovack Securities, Inc. or Kovack Advisors, Inc. The Investment Adviser Representative of Private Wealth Solutions offers investment advice with residents of a SEC/jurisdiction for which they are properly registered or where excluded from registration requirements. Linked sites are strictly provided as a courtesy. Kovack Securities, Inc. does not guarantee, approve nor endorse the information or products available at the sites, nor do links indicate any association with or endorsement of the linked sites by Kovack Securities, Inc. nor Kovack Advisors, Inc.

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