Election has little impact on stock market, focus on long-term investing trends

From Nasdaq
August 28, 2024 11:54:00 AM:

In 1994, Warren Buffett emphasized the importance of ignoring political and economic distractions for long-term investing success. Historic data shows that the stock market trends upward over time, regardless of the president in office, debunking the idea that one party outperforms the other. Gridlock in a divided government has led to the best stock market performance.

Historical seasonality trends show that markets dislike uncertainty before elections, with lower stock prices typically seen in September and October. Both Bitcoin and clean energy stocks have performed well under both Republicans and Democrats, with specific policies impacting their performance. Investors should focus on long-term charts of the S&P 500 index for better decision-making.

Read more at Nasdaq: Trump vs. Harris: What the Election Means for Stocks