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Stock impact report

Campaign 2024: Sticking With Stocks Through Elections Pays Off [Forbes]

Synchrony Financial (SYF) 
Last synchrony financial earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Forbes
Detroit, Michigan. (Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY/AFP via Getty Images) AFP via Getty Images In my previous post, I pointed out how tinkering with your stock portfolio ahead of elections might cause you to miss out on future gains. It doesn't matter who is in the White House or what the makeup of Congress looks like—the smartest strategy has always been to stick with stocks as part of a long-term plan. Yet, Wall Street pundits love to stir the pot, pushing for immediate action based on the latest poll or candidate comment. With 2024 Election Day upon us, it's important to remember that political predictions often don't translate into market realities. History shows that both Republican and Democratic presidencies have seen stocks rise or fall due to a multitude of factors beyond politics. Presidential terms like those of Herbert Hoover, Franklin D. Roosevelt, and George W. Bush stand out as rare instances where value stocks saw negative returns. But even Show less Read more
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