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Your Money & Your Life Podcast

Your Money & Your Life Podcast

Business:Investing

The Elections are Over! Now What?

The Elections are Over! Now What?

2022-11-10
Download

The elections are over! (At least most of them are) Now what?

It seems like, over the past month, we have been bombarded with nasty political ads or commercials by Joe Namath, Jimmy JJ Walker, and Tom Selleck pitching Medicare plans. At least the political ads are over for now (except for Georgia). We just have to put up with the Medicare ads for the next month.

In this episode, we discuss the election results and the effects on our planning for the remainder of this year and into 2023. Can you believe it’s only 6 weeks away? It looks like the next two years will bring a solidly divided government. What will that mean to you and your family?

I’ll bet you didn’t know – Every year since 1950 after a midterm election, the stock market has gone up regardless of the party in power! Past performance is no guarantee of future performance (You knew I would say that). Of course, this year came with a very volatile market; interest rates, a war overseas, and soaring inflation, and it’s left many anxiously attempting to search for answers.

Let’s take look a look at history and some facts that might bring
some clarity for the future.

Here’s some of what you’ll learn in this episode:

  • Here we discuss how the market changes during elections. (7:15)
  • How current issues and market changes reflect history. (12:52)
  • Some big changes you should expect in the future. (20:00)

 

Additional resources: 

https://www.prnewswire.com/news-releases/despite-recent-sp-losses-of-nearly-25-federal-government-still-requires-retirement-withdraws--nationally-recognized-ira-expert-donald-w-cash-interviewed-by-the-wall-street-journal-301670524.html

view more

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