Election years come with anticipated market volatility since elected administrations implement critical policies that will impact the economy. Many wonder what influence the outcome will have on markets and, subsequently, personal financial portfolios. While the current state of U.S. debt and the prolonged economic recovery of the pandemic serves as a unique election environment this year, there is nothing new about increased political noise temporarily impacting securities markets. Markets historically correct themselves once the election passes, so our focus should remain on staying the course and not allowing political outcomes to obscure long-term financial plans. Attached is an analysis by Columbia Threadneedle Investments of current data to anticipate how markets could react, not only to the presidential outcome, but also a combination of possible victories and losses within the U.S. Senate. 2020 U.S. Presidential Election This is an election year like no other, the results will likely be studied for years to come. As always, we are here to support you and answer any questions or concerns you may have. |
