Posted by 2020 U.S. Presidential ElectionThe counting of votes has been delayed, and the noisy media continue to output more voices, and the market has therefore experienced drastic fluctuations... Various factors are contributing to the magnification of the emotions of each of us.
Although these factors will have an impact on different types of "cash value" life insurance policy assets, through statistics on the past XNUMX years, we can draw some references to help gain inner peace.
Q: If a party enters the White House and controls both houses of Congress at the same time, will the market rise in this case?
along withU.S. presidential electionThe vote counting continued to advance, and the odds of the Democratic presidential candidate Biden's victory further increased.So far, the Democrats have won 212 seats in the House of Representatives and the Senate has won 48 seats. At the same time, the U.S. stock market has seen a new round of rally.
Under such a single-party dominance situation, will the market perform better?
According to data from the past 50 years, during the US government with balanced seats and power,The average return of the Dow Jones Industrial Index in the United States is 9%, which is higher than that of a one-party government (7.4% return).
Q: Will the economy and the stock market perform better under one-party rule?
At present, there is no clear evidence or any scientific means to prove this. Under which party is in power, economic performance will be better, and there is no fixed answer. In the case of one-party service, the market efficiency will be higher.
Statistics from 1987 show thatUnder the service of the Democratic President, the average annualized return on the stock market is 9.3%;Under the service of the Republican president, the average annualized stock market return is 6.6%.
(>>>Recommended reading: In the evaluation of successive US presidents, who is more beneficial to pension accounts and life insurance policy assets?）
If you can handle the U.S. election easily...
For rational modern citizens, treat social media cautiously,Avoid and rationally treat all kinds of social news, political promises and information pollution caused by topic hype, Is very important.
At the expense of our energy, our most precious wealth-time, has also passed away.
According to your goals, situation and risk tolerance, develop a plan and monitor it regularly.In a volatile market, financial insurance products that can provide good risk management capabilities can effectively help us fight the emotional ups and downs caused by market fluctuations and gain peace of mind.
If you still feel nervous...
U.S. presidential electionActivities will produce endless "noise" in our lives, output a lot of "uncertainty" and information to be processed.But looking back in the medium and long term, this historical period will hardly affect your financial goals and protection strategies.
Rely on professional knowledge and objectivity, regardless ofU.S. presidential electionWhat happens afterwards, professional financial life insurance brokers can help you look at all angles and implement your own insurance strategy, and use risk management methods to eliminate financial tensions.
Article summary
At the Vice Presidential Debate in Salt Lake City, the last question raised by the host came from an 8th grade junior high school student:
"When I watch the news, all I see is the dispute between Democrats and Republicans. When I watch the news, what I see is the struggle between citizens and citizens. When I watch the news, I only see Two candidates from opposing parties are trying to tear each other down. If our leaders don’t get along well, how should citizens get along?”
We quote the answer of Vice President Pence to conclude this article, and hope to help our readers gain inner peace.
"Brecklin, it's a wonderful question. And let me just commend you for taking an interest in public life. I started following the news when I was very young. And in America, we believe in a free and open exchange of debate. And we celebrate that. It's how we've created literally the freest and most prosperous nation in the history of the world. I would tell you that, don't assume that what you're seeing on your local news networks is synonymous with the American people."
"I look at the relationship between Justice Ruth Bader Ginsberg, the late justice who we just lost from the Supreme Court, and the late Justice Antonin Scalia. They were on polar opposites on the Supreme Court of the United States. One very liberal one, very conservative. But what's been learned since her passing was the two of them and their families were the very closest of friends. Here in America, we can disagree. We can debate vigorously as Senator Harris and I have on this stage tonight. But when the debate is over, we come together as Americans. And that's what people do, in big cities and small towns all across this country. So I just want to encourage you, Brecklin. I want to tell you that we're going to work every day to have government as good as our people, and the American people each and every day. Love a good debate. We love a good argument. But we always come together and are always there for one another in times of need. And we've especially learned that through the difficulties of this year."
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Video link of the Vice Presidential Debate for the 2020 U.S. General Election:[Learn More]
