Upcoming Election Poses Short-Term Uncertainty, But Long-Term Market Trends More Tied to Broader Economic Cycles
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The upcoming U.S. presidential election will dominate news cycles in the coming months.
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Short-term headlines may create some market volatility, but historically markets are indifferent to who is president.
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Markets have performed strongly under both Republican and Democratic administrations over the long run.
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Broader economic cycles and fundamentals tend to drive market performance more than politics.
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Investors are better off focusing on portfolio allocation instead of getting caught up in election coverage.