Last Friday, October 30, we asked our members the following question:
Do you think that the outcome of the American presidential election will influence the stock market in any meaningful way?
The answer choices were “Yes”, “No”, “Maybe” and “I don’t know”.
41% opened the email (the average is 30%) and here is what we got.
Yes – 53.6% No – 28.6% Maybe – 10.7% I don’t know – 7.1%
While presidential election cycles do influence stock market returns, it is not always in the same way.
For details on this issue, see the October 26, 2020, Kiplinger Newsletter article titled How Presidential Elections Affect the Stock Market by Anne Kates Smith and Kyle Woodley.
However, when it comes to your portfolio, it never mattered much which party won the White House in the past.
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The program does not provide any investment advice or endorsements.
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