What Will the Stock Market Do as Election Nears?

Despite the presidential election’s domination of the headlines, economic and inflation trends have consistently outweighed electoral outcomes in the past.

A stock market trading graph on the screen of a tablet.
(Image credit: Getty Images)

In the heart of a political showdown, as the nation edges closer to the 2024 presidential face-off between Democratic incumbent Joe Biden and his Republican challenger, former President Donald Trump, a different kind of battleground is quietly brewing — the financial markets. Investors are aligning their sights not just on the political horizon, but on the ripples the election might send through the economic landscape.

As the election season unfolds and begins to dominate headlines and newscasts, investors may be tempted to adjust their portfolios to keep pace with the heated clashes and escalated rhetoric. But before taking any meaningful action, it’s important to view things through a historical lens to uncover layers of financial resilience that challenge the notion of election-year market volatility.

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Adam Lampe
CEO and Co-Founder, Mint Wealth Management

For more than 18 years, Adam Lampe has helped high net-worth-individuals, affluent families, foundations and institutions work toward their financial goals through holistic financial planning. As the CEO & Co-Founder of Mint Wealth Management, he leads all development efforts within the firm. Alongside his extensive work serving clients, Adam also teaches retirement planning courses through Lone Star College and Prairie View A&M University satellite campuses around Houston.