We expect volatility, particularly if we do not know who wins the election and the decision is delayed as ballots are counted for what could be days after Nov. 3. We are here to provide a bit of context for you.
Below you will see a graphic from one of our investment partners, Invesco. The graphic shows regardless of which party the president is from, in the past, the S&P has generally performed well. Some people may be discouraged if their preferred candidate loses. However, as you can see, the market has a similar performance under Presidents Obama and Reagan, Presidents Ford and Clinton. Monetary policy, the Fed, and economic fundamentals have a far greater impact on the market than who the president is at the time.
We hope this slide helps allay some fears about the market in the run-up to election day.
If you haven’t reviewed your overall financial situation, don’t wait until the pandemic is over and look back and wished you had done something differently. We’re glad to meet with you on your terms. Click here to learn more about Brumbaugh Wealth Management.
Kim Brumbaugh is the founder and CEO of Brumbaugh Wealth Management, an Exton-based firm that helps secure people’s financial futures by understanding their unique position and providing personalized solutions for their needs. She started her firm in 2004 with a clear vision to coach clients through complex financial situations and act as a catalyst to get things done. Click here to learn more about Brumbaugh Wealth Management.
Registered representatives of Brumbaugh Wealth Management are registered representatives of Lincoln Financial Advisors Corp. Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Brumbaugh Wealth Management is not an affiliate with Lincoln Financial Advisors Corp. CRN 3299991-102320
You Might Also Like