How Might the Elections Affect Portfolios? Tom Raymond Weighs in to U.S. News & World Report
How can the election affect portfolios? Investment Partner Tom Raymond was asked for his thoughts in a recent interview with U.S. News & World Report.
His verdict: Historical precedent suggests market hyperbole, not volatility, will be in high supply.
“Going back to 1928, there have been only four times when the markets declined during an election year, and the seeds for those corrections, such as the tech bubble and credit crisis, were independent of the election itself,” Tom said. ”That’s why patience and perspective are always key to navigating bouts of higher volatility. Market downturns, on the whole, aren’t worth losing sleep over.“