As the 2024 U.S. presidential election looms, investors are grappling with heightened uncertainty, even as markets rally.
According to the latest Janus Henderson Investor Survey, 78% of respondents are concerned about the impact the election could have on their finances, surpassing other pressing worries like inflation, high interest rates and even the possibility of a recession. While these concerns are understandable, historical data suggests that reacting to short-term political volatility may jeopardize long-term financial goals.
It is a common mistake for political identity to fuel emotional decision-making. Many investors tend to let their political preferences influence how they view market risks and subsequently how they invest….
