The midterm elections are underway. In many states, ballots have been delivered and, in several cases, already returned by Americans exercising one of the most sacred of their Constitutional rights.
Election Day is always the Tuesday following the first Monday in November. So, if you haven’t voted yet, you have until November 8 to cast your ballot.
The results of elections almost always influence the economy, whether that be an immediate reaction from Wall Street or a long-term reaction due to policy changes. Midterm elections, in particular, can shake things up.
It's too early to tell what major or minor changes might be coming, but some change is inevitable.
Such changes are among the many factors we consider when building your portfolio. The U.S. has major elections every two years, and it's best to be prepared for some market volatility as the election results come in.