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How Might The Market Perform Under the Biden-Harris Presidency?


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At the time of this recording (Monday,  November 9th), Joe Biden and Kamala Harris have become the President and Vice-President Elect of the United States. And it's very likely that there will be a Democratic House and Republican Senate.

Today, we look at what this could mean for your financial future.  Shanna Tingom explains what markets have done historically, both under Democratic administrations and under divided government.  We also take a look at where the Trump Presidency ranked in terms of market growth.

Next, we look at what the "lame duck" period could mean for the markets - as President Donald Trump continues to avoid conceding the race, and what that might translate to for your investments between now and January 20th, 2021.

Finally, we hit this all important question. What should - or shouldn't - you do with your money right now?

Resources mentioned in this episode:

Business Insider Article on Democratic Presidents and the Market: https://markets.businessinsider.com/news/stocks/stock-market-election-democratic-republican-presidents-better-performance-economy-gdp-2020-8-1029528932

Forbes Article on market performance under all modern Presidents: https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-stock-market-returns-under-every-us-president/?sh=40a14637faaf

Fortune piece on what a divided Congress can mean: https://fortune.com/2020/11/04/stock-market-2020-election-results-divided-congress-house-senate-democrats-republicans-us-economy/

To speak with Shanna about YOUR financial future, find Heritage Financial online at https://www.heritagefinancialaz.com/

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We Make Money FunBy Shanna Tingom AAMS CDFA, Shanna Tingom, Jon Gay

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