Episodes
Tuesday Oct 29, 2024
Policies the Market Cares About (Taxes, Tariffs, Green Energy, and More!)
Tuesday Oct 29, 2024
Tuesday Oct 29, 2024
This election is super polarizing and one of the biggest questions Matt, Lee, and John receive as financial advisors is “How will this change the markets?” Luckily, historical data shows that whoever is in office, whether they’re Republican or Democrat, doesn’t make a huge difference... However, policy does matter. Policies like tax changes, tariffs, green energy and more can have a huge impact on the market and economy, and in different ways!
For example, if corporations find more favorable tax conditions abroad, they can move production overseas. Everything will look good for their company on the stock market (if profits remain) but the loss of jobs would impact on the economy. Another big issue is government spending, which seems to be an issue neither party will tackle! It could become an issue for us in the next 5-10 years because it is out of control.
Remember – don’t let emotions guide your investing decisions, but your voice and vote DO MATTER!
💬 Send us your comments and questions! What policies do you think could impact the stock market or economy the most? Email: TheMarketMoment@mach1fg.com
🍿 Watch Next: Last week’s Data Brief from Eli Freeman... https://www.youtube.com/watch?v=oEVlsz2QAl0&t=5s
🎙The Market Moment Podcast! Last week’s episode... https://www.youtube.com/watch?v=JsN3bhMm5XY&t=1508s
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