͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Hi there, The U.S. Election is a topic that many of our clients have been discussing, so we put together some insights that we hope you find helpful. U.S. Election Insights Now that the U.S. presidential election results are in, you may be wondering how it affects your investments. Here are some key points to consider: Impact of the Presidency on Markets While the president can influence trade policies and shift inflation expectations, the real driver of stock market returns are corporate earnings and long-term economic policies enacted by Congress. Historical Perspective Since 1926, there’s been no consistent pattern in market performance tied to whether a Republican or Democrat wins the presidency. The monthly market returns during election months show no clear trend. Perhaps even more tellingly, average annual returns during and after presidential election years have been fairly similar, although they can vary widely: Long-Term Returns Most importantly, markets reward long-term disciplined investors, regardless of who occupies the White House: Key Takeaways Election Year Patterns: It's challenging to predict market returns based on election year outcomes. Positive Returns: While the future is unknown, historically, markets performed well during election years and in the following year. Market Pricing: Studies have shown that stock prices factor in aggregate investor election expectations prior to the election. Manage Uncertainty: There will always be market uncertainties. Diversification is a smart way to manage risk while aiming for good returns. Stay Disciplined: Stick to your long-term investment plan and avoid short-term speculation. By focusing on your long-term goals, you can navigate the ups and downs of the market with confidence. Very best, Damir Alnsour, on behalf of the Private Client Group Lead Advisor Wealthsimple, 80 Spadina Ave Suite 400 Toronto, ON, M5V 2J4 Refer a Friend Privacy Policy Unsubscribe Replies to this email address are not monitored. Have questions? Visit our Help Centre or submit a request to our Client Support team. Managed accounts are offered by Wealthsimple Inc., a registered portfolio manager in each province and territory of Canada. © 2024 Wealthsimple Technologies Inc.