Month: November 2016

Riggs’ News Update

Our clients and friends are used to receiving Investment Market Reports from the Riggs’ Team.  This week we thought we would mix it up a bit and give you a sense of what the Riggs’ Team has been up to the last month or so.

In early October, Chief Compliance Officer, Susan Shoemaker, along with our Regulatory Attorney, Thomas Giachetti, Esquire conducted an onsite review of our compliance policies and procedures.  As a best practice, the Firm conducts a periodic …

Brexit is “Trumped”

As the U.S. and the rest of the world woke up this morning, we witnessed a changing of the guard in Washington. This election was much like the Brexit vote, the pundits and prognosticators never saw it coming.

The last time we saw an election outcome like this was in 1948 when President Truman defeated Thomas Dewey.

While that will no doubt be the discussion for talking heads on TV, Facebook, and Twitter, our discussion today is what does this …

After the Election

With the U.S. Presidential Election less than a week away, we have received several phone calls asking what happens to the stock market, if Fill in the Name” is elected President.  We thought we would share our thoughts on some of the likely outcomes.

 

It appears there are three likely outcomes (in no particular order):

  • A Democratic President and a Republican Congress
  • A Democratic President and a Split Congress
  • A Republican President and a Republican Congress

 

In …