Fall is officially in full swing, kids are back in school, Halloween costumes are being discussed and anxiety over political outcomes is peaking.
Often our clientele, regardless of political perspectives, will express angst when it comes to what this change means. We are here to help you wade through the noise and find the information that matters.
There are major differences between the two parties certainly and tax policy is one that is clear and set to have major differences depending on the outcome of this coming election. Above you will find likely fiscal policy differences between the candidates. Click here to access the full chart: Tax Differences Between the Candidates
Aside from policy differences, investors often ask what will happen to the stock market after an election. Although none of us can predict the future, we certainly can prepare for it. If we look back historically the short answer is that most of the time the stock market goes up, regardless of who is in the White House.
The chart below shows price movement 100 days before and 100 days after an election. Note that since 1984 there have only been 2 years where stocks were lower after the first 100 days of a presidency. The first was in 2000, which was the bursting of the dot com bubble and 2008 which was the depths of the global financial crisis. The first was a handoff from a Democratic president Clinton to Republican President Bush. The latter was a handoff from Republican President Bush to Democratic President Obama.
S&P 500 Price Index Chart - 100 days prior to and following a Presidential Election
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