Worried about the election? You should be! Because whether Trump wins or Hillary wins, the markets will probably be down on Wednesday.
In 15 out of the last 22 presidential elections (since 1928), the market the next day is down an average of 1.8%!
Should you sell all your investments and hide in the closet?
Probably not. Here's why.
The initial post-election downdraft is not indicative of where the markets end up 12 months later. Since 1984 the markets have had a pretty good year following a presidential election. The only exception was 2000 which was in the middle of the dot com bubble bursting.