Riding the Election Wave
Following election day, markets often experience a short-term rally as investors anticipate changes under the new administration. Historically, however, these gains tend to fade after the inauguration, with a period of cooling off before markets resume their long-term growth path.
This volatility underscores the importance of prudent risk management, allowing us to navigate these fluctuations and keep portfolios aligned with long-term goals. We are positioned to participate in this rally right now but remain vigilant in managing risk as the environment changes.
Riding the Election Wave
Source: Bloomberg, Redwood. Data as of 11/6/2024. Date Range from 1/1/1932 – 11/6/2024.
Regards,
Allgood Financial
Disclosure: This piece is for informational purposes only and contains opinions of Redwood that should not be construed as facts. Information provided herein from third parties is obtained from sources believed to be reliable, but no representation or warranty is made as to its accuracy or completeness. Charts and graphs are for illustrative purposes only. Discussion of any specific strategy is not intended as a guarantee of profit or loss. Past performance is not a guarantee of future results. The objectives mentioned are not guaranteed to be achieved. Investors cannot invest directly in any of the indices mentioned above. Diversification of asset class is not a guarantee against loss.
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