2024-05-29 12:15:00 ET
Summary
- History shows that the reality of election years is often far less interesting than perception.
- Markets tend to do fairly well in election years, and we have minimal instances of significant drawdowns in the six months prior to general elections.
- We believe that investors will be best served by maintaining a long-term focus.
With the election under six months away, it’s only natural to be concerned about the market implications of different outcomes. After all, the economy is slowing, inflation is threatening to remain elevated, and financial markets look fully priced. Could elections be the straw that breaks the camel’s back? How might markets react to a sweep, or alternatively, the promise of gridlock under a divided government? How might various policy objectives affect different asset classes or sectors in the equity market?...
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For further details see:
2024 Election: What We Think For Markets