Do elections impact the markets?

Do elections impact the markets?

When it comes to presidential elections and how those are going to affect the market, it's definitely going to have a short term impact on the market, not necessarily the day of the election, but as people predict who might be winning, the market's going to be having gyrations. Those are all short term factors as it relates to the market. It shouldn't affect us as investors, but traditionally, the Republicans tend to be business friendly, so the markets like Republicans because they feel there's going to be less regulation on business, and businesses are going to be able to go out and grow at a faster pace. Conversely, Democrats tend to want to regulate the markets more. They might be trying to put more restrictions on businesses in general, whether it's environmental or whatever it might be, that the market is fearful that it is going to affect the way that companies are going to be able to grow. It's a short term prediction on what's going to really happen with a next term. If we're long term investors, we are going to have our money invested through Democrats and Republicans, and through multiple multiple elections. So we shouldn't let an election impact our long term decision process on the design of a portfolio.