The presidential election in the US is just around the corner. November is only 3 weeks away. And while early voting has already started in the largest economy in the world, markets around the globe are in full speculation on who might win and how this could effects stocks. The loudest faction is of course the one that is stronger invested. The Republicans. And their argument is the same every four years: If the Democrats win, the economy and stocks will suffer.
Of course we cannot predict the future, but if the past is any lesson, then it’s safe to assume that the comments shared by Republicans are at least misleading, and this is easy to proof. Let’s look at the economies of the last presidents in the US:
These numbers give a very clear indication on what kind of leadership inspires growth and success. And it’s not a Republican leadership. Looking at these facts as an investor I certainly support the Biden campaign to emerge victorious, to help the US economy to get back on track, and I don’t worry about my portfolio if Biden gets his turn. If anything, I expect things to improve significantly.