Political Chaos and Our Portfolios: What Investors Really Need to Pay Attention to in this Election
Description
The past month has been one of the most chaotic four weeks in U.S. political history, and the election is still over three months away. Michael Townsend, Chares Schwab's political analyst and a long-time Washington watcher, joins The Express to explain what's next in the political process for the Democrats, the likelihood of major policy changes to tax rates and the Inflation Reduction Act, and what investors should stop worrying about as the election approaches. Plus, the history of stock market returns during election years, and why investors need to stay the course no matter what the polls say or who ends up occupying the Oval Office.
LINKS FOR SHOW NOTES:
https://www.schwab.com/learn/author/michael-townsend
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8684188
https://www.investopedia.com/ask/answers/030515/real-gdp-better-index-economic-performance-gdp.asp
https://www.schwab.com/learn/washingtonwise
https://www.schwab.com/learn/author/michael-townsend
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