With less than two weeks to go before the November 2024 election, many clients are feeling a bit anxious. These feelings are understandable as many aspects of our lives can be swayed by the political party that wins the various branches of the US government – including the markets and investments.
I wrote a post back in April 2024 highlighting the historical impact various political scenarios have had on markets. I suggest you revisit that article today but if you want to know the punchline here is a key line from that post:
As you will see investing under a democrat-only did outperform investing under a republican-only. But what strategy trounced them both? Investing in all political party combinations (ie: staying the course)
Hang in there – this too shall pass.
PS – It goes without saying – be sure to vote in this election. To find your polling place and review a sample ballot, use this site to be directed to your given state’s website. Wisconsin voters can use this link.
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