Experts: Don't Tie Investments to Election Outcomes
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Wall Street experts advise not to base investment portfolios on politics or election outcomes. Presidents come and go, but markets remain steady over the long term.
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For now, the 2024 election is just "background noise" to investors focused on economic issues like inflation, interest rates, and jobs data.
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Markets may become more preoccupied with election news after summer 2024, but a post-election relief rally is expected in late 2024 regardless of the winner.
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Some forecasts predict the S&P 500 could top 5,000 in 2024 after pre-election volatility gives way to renewed optimism. Historical data shows above-average Q4 returns.
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Let political opinions guide ballot choices, not investment decisions. Macro conditions tend to drive returns more than partisan policy over time.