Market Update | After the 2024 Election

Does the political party in power shape how my investments perform?
Market Update_After the 2024 Election

As the US completes its most recent presidential election cycle, we recognize that there may be a range of emotions in the aftermath. As a firm, we operate from an agnostic standpoint when it comes to investment management, not making investment decisions based upon who is in the white house. Market history shows that we shouldn’t make changes to a portfolio based on election outcomes. For example, if you had invested only when one party or the other controlled the White House, you would have been significantly worse off than if you invested throughout both environments. The graphic below illustrates this point well:

Time in the markets_not political affiliation

We are fond of saying “we cannot control the wind, but we can help set the sail.” Our team will continue to monitor metrics and datapoints as we always have, and adjust model portfolios accordingly, either seeking opportunity or more defensive positioning as the environment dictates. As data changes, we will follow our discipline to seek the outcomes you need based on your own individual financial plan and goals.

One final piece of optimism: The decisions you make in your own house generally have a much greater impact on your future circumstances than the decisions made by the person sitting in the Oval Office. If you maintain discipline, positive results should eventually follow, and we will seek to do the same on your behalf.

Please don’t hesitate to Contact Us with any questions, comments, or concerns - we are always here to help at Comprehensive Wealth Management!

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