As election season heats up, you're going to hear lots of dire predictions about what will happen if Joe Biden is elected or if President Donald Trump is re-elected. If history is any guide, the US economy and the stock market will be fine in the long run no matter who gets elected.
Don’t fret if your favorite candidate doesn’t get elected in November! The US economy and stock market have generally marched higher through Democrat and Republican administrations alike. Dramatic events such as 9/11, the global financial crisis, and the COVID-19 pandemic can cause sharp market selloffs—but our economy and stock market have historically been resilient to these types of shocks.