Election 2024: Addressing the election shakeup – What to Make of Election Shakeup
September 9, 2024There’s a rumor that “may you live in interesting times” is some sort of ancient Chinese curse. It’s more of an ironic statement, but here we are.
The entire country was thrown for a loop in mid-July when President Biden announced he wouldn’t seek reelection, throwing into flux an election and campaigning cycle that was well underway for both major political parties.
Regardless of what November’s election will mean for social politics, there’s also the need to consider how this could affect markets and economic factors that will influence your retirement and savings strategies.
More information is sure to come out as the final months of the presidential race takes shape. However, nearly a month after Biden’s announcement and the resulting rise of Vice President Kamala Harris as the new candidate for the Democratic party, it’s prudent to anticipate that she will closely align with existing platform stances1, giving the financial and economic ramifications of the election a bit more clarity.
There will likely be a new configuration (or at least new faces) in the legislative and executive governmental branches that will propose, craft, and enforce new laws and regulations that can affect your finances, and you need to know what that could mean for you and your plans.
Contact Consha Financial at 678-539-9518 and we can help describe some of the ways your financial future could be affected by the coming decisions.
Investment advisory products and services made available through Impact Partnership Wealth, LLC (IPW), a Registered Investment Adviser. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier.
8/24-3793063
This blog is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.
