Top Strategies for Investing During a Tumultuous Election Year
Money | June 29, 2024, 1:13 p.m.
Following President Biden's faltering performance in the first debate, many Democrats are concerned about the likelihood of former President Donald J. Trump winning the November election. However, from an investor's perspective, political outcomes don't necessarily impact the markets. Despite the uncertainty surrounding the election, stocks remained relatively stable, with market movements driven more by economic indicators than by political events. Both President Trump and President Biden have seen successful stock market performances during their terms, indicating that market success is not solely reliant on political leadership. Overall, while the election is significant in many ways, investors are focused on economic factors rather than political outcomes when making financial decisions.