Vote Red, Blue or...Green?

Election season is upon us and the question plaguing investor minds is: what should I do in reaction to outcome “X” or outcome “Y”.  Brent and Ben tackle this question head on and discuss what some of the ramifications of the election could be. 

 

While culturally impactful, as it pertains to which flavor of freedom you want, the economic ramifications do not justify a radical shift in investing principles.  Keep your head clear, your chin up, and stay focused on the wondrous spirit of human innovation.

 

For more questions, email us at trevor@nwmgadvisors.com 

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Market Data Sourced By:  

 

YCharts:

https://go.ycharts.com/hubfs/Guide_to_How_Presidential_Elections_Impact_the_Stock_Market.pdf

 

LPL research 

https://www.lpl.com/research/blog/presidential-cycle-still-supportive-of-stocks.html

 

Invesco:

‘https://www.invesco.com/us/en/insights/market-performance-2024-presidential-election.html

 

https://eng11e.seismic.com/i/nLytFJxppKy5JwY3XuwLjOdWqOLhIof4957NNVOmvMqTDpeHHkamxivuHxfPp5UoPLUSSIGNfJm7Vd___EbU___nO2gcPDv9VdPLUSSIGNgJAfE5va92y2kLgtapQTm90NdXJaZEhD0Dz7hAK7 

 

Economic Data Sourced By:

 

Jolts Data:

https://www.bls.gov/jlt/latest-numbers.htm

 

Fiscal Data (treasury.gov)

https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/

https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/#:~:text=Spending%20Trends%20Over%20Time%20and,the%20United%20States%20that%20year.

Income Wage Gap: JPMorgan Guide to the Markets

 

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Disclosure: 

 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful. This information is not intended as authoritative guidance or tax or legal advice. You should consult with your attorney or tax advisor for guidance on your specific situation. Brent Gargano is not affiliated with LPL Financial.

Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. Stock investing includes risks, including fluctuating prices and loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Mortgages are not available through LPL Financial.

Securities and Advisory Services offered through LPL Financial, a registered investment advisor. Member FINRA & SIPC.