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As we enter another election season, politics will inevitably occupy a prominent place in consumers’ minds. Presidential campaigns offer a wave of new policy promises and agendas that look to address kitchen-table issues like jobs, taxes and health care.
Presidential elections also feel incredibly consequential, as whoever wins control of the White House will be in charge of the policy agenda for the next four years. Consumers naturally speculate about how election outcomes and policy proposals might affect their household budgets and investment portfolios.
But the truth is that the economy and the markets are much more indifferent to presidential election outcomes than many people believe. Despite the uncertainty, history shows us that investors don’t have to worry too much about how an election result will affect their investments — and keeping this top of mind will help them navigate economic waters during 2024.
Read the full article from Senior Wealth Advisor Bob Peterson here.
Red vs Blue: Staying the Financial Course During an Election
Mar 12, 2024 | Insights
Presidential elections also feel incredibly consequential, as whoever wins control of the White House will be in charge of the policy agenda for the next four years. Consumers naturally speculate about how election outcomes and policy proposals might affect their household budgets and investment portfolios.
But the truth is that the economy and the markets are much more indifferent to presidential election outcomes than many people believe. Despite the uncertainty, history shows us that investors don’t have to worry too much about how an election result will affect their investments — and keeping this top of mind will help them navigate economic waters during 2024.
Read the full article from Senior Wealth Advisor Bob Peterson here.