A chief investment strategist explains why making short-term bets ahead of the election is a risky strategy



a man talking on a cell phone: Johannes Eisele/Getty Images


© Johannes Eisele/Getty Images
Johannes Eisele/Getty Images

  • A Charles Schwab chief investment strategist explained why making short-term bets ahead of the election is a risky strategy.
  • In the span of the last 30 election cycles, there have been a range of significant impacts on market performance that had “little-to-no relationship” with the incumbent party in the White House, the strategist, Liz Ann Sonders, noted.
  • Considering the multitude of market outcomes in every election cycle, she said “the economy impacts elections more than elections impact the economy.”
  • Investors looking for clear connections between the election and market performance cannot expect easy answers, she said.
  • Visit Business Insider’s homepage for more stories.

Betting on election outcomes is risky as history makes it clear that the relationship between politics and the stock market is varied and absent of consistency, according to a chief investment strategist at Charles Schwab, Liz Ann Sonders.

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