Local financial expert talks about election year market volatility

-
2:56
Alderman and Milwaukee mayor at odds over lack of parking in...
-
2:51
Musicians petition for Milwaukee Ballet to keep live orchestra...
-
2:00
’I could picture myself there’: Former Camp Mystic camper...
-
2:22
Fines, cameras, cash, rewards -- Milwaukee mayor cracks down...
-
0:56
Milwaukee County honored with Robert Wood Johnson Foundation’s...
-
0:42
Fans head to Slinger Speedway for 46th annual event
-
2:51
Auditions underway for Milwaukee Bucks dance teams; here’s...
-
2:22
Milwaukee man sentenced in shooting death of 2 teens on Christmas...
-
1:32
Holey Mackerel! Check out remodeled mini golf course, batting...
-
1:54
Bill Walsh named weekday anchor of CBS 58 News at Noon and 4
-
5:24
UW Health joins CBS 58 to discuss health headlines, from Powassan...
-
4:00
Milwaukee Rep seeking young actors for 50th ‘A Christmas Carol’
MILWAUKEE (CBS 58) -- As the presidential election approaches on Tuesday, Nov. 5, the stock market may experience increased volatility, a common trend during election years.
Historically, election-year market behavior tends to be more unpredictable, though long-term returns often remain stable.
Tom Neumann from Drake & Associates discussed these trends when he joined us on Monday, Aug. 12, explaining that while Wall Street might show short-term fluctuations, the average election-year stock return is similar to non-election years.
He noted that political shifts do not significantly impact long-term market trends, which have been consistently positive since 1933.
Investors are advised to maintain a long-term strategy and avoid emotional decision-making during election years. Neumann emphasized that understanding your risk tolerance and consulting with a financial professional can help navigate the market during this period.
Learn more from Drake & Associates by visiting them online.