Voted printed papers on white surface by Element5 Digital courtesy of Unsplash.

Election 2024: What Could a Harris or Trump Victory Mean for the Markets?

Alex Rasmussen |

Election Day has arrived, and market commentators have their predictions lined up, analyzing what a potential victory by either Kamala Harris or Donald Trump might mean for the markets. Given the polarized political landscape, perspectives vary widely on the implications for investors, but one sentiment resonates—change is coming, no matter who wins.

But here’s the twist: over time, market predictions tend to miss the mark. In 2016, some anticipated a post-election market slump that never materialized. In 2020, markets soared despite ongoing uncertainties. The truth is, the market’s immediate reaction often differs from its long-term path.

Regardless of who takes office, capitalism is here to stay, and those who maintain a disciplined, long-term approach to investing often see the best results. The strength of the market lies in its adaptability, rewarding those who commit to it through economic and political cycles. So as election results roll in, remember that while administrations may shift, the value of a steady, patient investment strategy remains constant.

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