Summary
With midterm elections dominating the headlines, it’s natural for investors to wonder what the results might mean for their portfolios. But history offers a helpful reminder: while political outcomes can influence policy, they are far less reliable as a guide to market performance. In this SWA Take 5, Jason and Tendai discuss what history and current economic conditions can tell us about the markets, and why your investment strategy shouldn’t change with the political calendar.
Historical return methodology: Price returns are based on historical daily S&P index closing levels, measured from the close on or immediately before Election Day to the close on or immediately after the same calendar date approximately one year later. Returns exclude dividends. The modern S&P 500 was launched on March 4, 1957; observations prior to its launch reflect the historical predecessor series. Past performance does not guarantee future results. An index is unmanaged and cannot be invested in directly. [spglobal.com], [tempora.ltd]
This material is not financial advice or an offer to sell any product and is not a recommendation to buy or sell any particular security.
The opinions expressed are those of the Saling Wealth Advisors’ Team and are subject to change without notice.The opinions referenced are as of the date of publication and are subject to change due to changes in the market or economic conditions and may not necessarily come to pass. Past performance is not indicative of future results. All investments involve risk, including loss of principal and there is no guarantee that investment objectives will be met.
Saling Wealth Advisors (“SWA”) is an independent SEC registered investment advisor. Any reference to or use of the terms “registered investment adviser” or “registered,” does not imply that SWA or any person associated with SWA has achieved a certain level of skill or training. This material is provided for informational and educational purposes only. More information about SWA including our advisory services, fees, and objectives can be found in our Form ADV Part 2A and/or Form CRS, both of which are available upon request.