As an investor, you may feel a sense of excitement or dread about 2024. It’s not just that a new year brings feelings of hope or despair to many of us. It’s the fact that it’s an election year in the U.S.
No matter how you feel about the choices for president, Senate or Congress, the year carries a special meaning for investors. The presidential cycle is widely followed, and perhaps that’s because it makes logical sense.
Voters choose the president every four years. For some reason, we have wars, recessions and bear markets that always seem to start during the first two years of a president’s term.
But before we may want to start worrying about 2025, history tells us to expect a mediocre 2024.
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