The uncertainty that accompanies presidential election years can cause investors concern, but new data showing historic portfolio performance might provide some peace of mind.
Uncertainty leading up to a presidential election can often give investors jitters, and some are wringing their hands over the expected rematch between President Biden and former President Trump this fall. Financial services giant TIAA told FOX Business that as Super Tuesday has drawn near, many clients have been asking the firm's wealth management team if they should change their portfolios.
Another encouraging finding from Mukherjee's research is that in each of the 11 presidential years that the month of January was positive in terms of returns – which we have seen in 2024 – the markets were up for the rest of those years. He says that statistics aside, averages are what they are, and every cycle is different. But generally speaking, the idea is that the markets are more volatile during election years, but they tend to push through and produce decent returns on average.
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