Original article by Vesna Poljak
The Australian Financial Review – Page: 11 & 16 : 1-Nov-16

UBS suggests that in terms the outlook for equities, the best outcome of the US election would be if Hillary Clinton becomes president but neither party has control of Congress. Wingate Asset Management’s Chad Padowitz notes that health stocks in particular could be sold down if the Democrats control both houses. Historical analysis by AMP Capital shows that since 1927, US equities have delivered better returns when a Democrat has been in the White House but one or both houses of Congress have been controlled by the Republican Party.

CORPORATES
UBS HOLDINGS PTY LTD, WINGATE ASSET MANAGEMENT PTY LTD, AMP CAPITAL INVESTORS LIMITED, DEMOCRATIC PARTY (UNITED STATES), REPUBLICAN PARTY (UNITED STATES), STANDARD AND POOR’S 500 INDEX, SANOFI PHARMACEUTICALS, DELTEC ASSET MANAGEMENT LLC, WESTPAC BANKING CORPORATION – ASX WBC, CHICAGO BOARD OPTIONS EXCHANGE VOLATILITY INDEX, UNITED STATES. FEDERAL RESERVE BOARD, UNITED STATES. FEDERAL BUREAU OF INVESTIGATION