After the 3rd best start to a presidential election year, U.S. stocks continue to carry their momentum as we pivot toward year-end.
While it is too early to tell how the new Administration’s policies will unfold, the Republican Party win across the Presidency and Congress has renewed optimism amongst U.S. stock markets. Investors seem to be responding positively to proposals aimed at economic growth, including plans for accommodative tax laws and incentives for both large corporations and small businesses. We are also seeing continued elevated interest rates from bonds across portfolios. Thus, we are staying the course with clients’ investments, remaining diversified to participate in market growth opportunities while also keeping a long-term perspective.
We also want to emphasize that presidential elections, while significant, should not alter your long-term financial goals or strategy. These political cycles are just one of many forces affecting market behavior—as shown in the enclosed chart, stocks have trended higher over the past century regardless of whether Democrats or Republicans were in control of the White House.
The best financial plans are built to weather both the highs and lows that come with changing leadership. Sticking to a diversified, well-thought-out investment strategy is one of the most effective ways to avoid reactionary decisions that could compromise your goals. Rest assured that, as your advisors, we are focused on the long-term horizon—ensuring your strategy remains aligned with your goals and mindful of the inevitable market fluctuations that elections, and other events, bring.
IMPORTANT DISCLOSURE INFORMATION
*Please remember that past performance is no guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Stephens Wealth Management Group [“SWMG”]), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from SWMG. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to their individual situation, their is encouraged to consult with the professional advisor of their choosing. Neither SWMG’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if SWMG is engaged, or continues to be engaged, to provide investment advisory services. SWMG is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the SWMG’s current written disclosure Brochure discussing our advisory services and fees is available for review upon request or at https://stephenswmg.com/. Please Note: SWMG does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to SWMG’s web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Please Remember: If you are a SWMG client, please contact SWMG, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently. Please Also Remember to advise us if you have not been receiving account statements (at least quarterly) from the account custodian.