Lastly, the stock market’s gain during President Biden’s first 100 days in office was one of the best ever.
All in all, the economy and stocks did quite well the first year under President Biden. Given this is a midterm year and emotions will run high, we want to remind investors to separate your politics from your investments. Many people have not liked past presidents, only to miss out on big gains. A strong economy (and we expect it to be this year) matters a lot more to your investments than the makeup of Congress or who is in the White House.
Ryan Detrick is chief market strategist for LPL Financial.