October 2022 / VIDEO
Midterm Election Preview: What Investors Need to Know
Regardless of the election’s outcome, federal agencies will be an important tool for Biden to advance his policy priorities
Midterm elections could shift the balance of power in Congress, limiting the Biden administration’s ability to pursue its agenda through legislation. In this scenario, battles over extending the debt ceiling could roil the market. Regardless of the outcome, federal agencies will be an important tool for Biden to advance his policy priorities.
IMPORTANT INFORMATION
This material is being furnished for general informational and/or marketing purposes only. The material does not constitute or undertake to give advice of any nature, including fiduciary investment advice, nor is it intended to serve as the primary basis for an investment decision. Prospective investors are recommended to seek independent legal, financial and tax advice before making any investment decision. T. Rowe Price group of companies including T. Rowe Price Associates, Inc. and/or its affiliates receive revenue from T. Rowe Price investment products and services. Past performance is not a reliable indicator of future performance. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested.
The material does not constitute a distribution, an offer, an invitation, a personal or general recommendation or solicitation to sell or buy any securities in any jurisdiction or to conduct any particular investment activity. The material has not been reviewed by any regulatory authority in any jurisdiction.
Information and opinions presented have been obtained or derived from sources believed to be reliable and current; however, we cannot guarantee the sources' accuracy or completeness. There is no guarantee that any forecasts made will come to pass. The views contained herein are as of the date noted on the material and are subject to change without notice; these views may differ from those of other T. Rowe Price group companies and/or associates. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price.
The material is not intended for use by persons in jurisdictions which prohibit or restrict the distribution of the material and in certain countries the material is provided upon specific request.
It is not intended for distribution to retail investors in any jurisdiction.
October 2022 / ASSET ALLOCATION VIEWPOINT
October 2022 / INVESTMENT INSIGHTS
Michael Pinkerton is an associate investment analyst covering legislative and regulatory research, primarily focused on domestic public policy, in the U.S. Equity Division.