With people voting in at least 76 countries in 2024, it looks to be the biggest election year in history, affecting 4.4 billion people, or 60% of the global population.1 Attention will especially be focused on the US, where the vote for president is expected to again be close. The anticipation building up to elections often brings with it questions about how financial markets will respond. But the outcome of an election is only one of many inputs that can impact stocks and bonds.
How Do Presidential Elections Affect the Market?
During a presidential election year, it’s natural for investors to seek a connection between who wins the White House and which way stocks will go. Some may even wonder whether they should get out of the stock market altogether before the ballots are counted. But a look at history may offer some reassurance. Remember, shareholders are investing in companies, not politicians, and stocks haven’t shown much of a party preference.
How We Help
As a Financial Planning / Advisor Firm in Louth we are available to discuss any and all queries that you may have in relation to Pensions. Arrange a meeting by clicking this link to my Calendly Diary, emailing info@smartfinance.ie or calling 087 8144 104.
Smart Finance Life Planning Ltd., Bawntaaffe, Monasterboice, Drogheda, Co. Louth. A92 E2V3.
