By Eric Parnell, CFA on November 13, 2024November 13, 2024 Market Rally & Political Uncertainty: The recent equity market rally is driven by clarity regarding who will control the White House, Senate, and House, providing investors with a clearer outlook on future policy directions. Campaign Promises vs. Legislation: While campaign rhetoric provides insight, not all proposals will pass through legislation. Investors should be cautious when positioning portfolios based on campaign trail developments and continue to maintain their focus on their long-term investment plan. Historical Market Trends & Political Sweeps: Historically, markets tend to rally in the first year following a political sweep, show uneven performance in the second year, and experience delayed legislative impact, which can take years to materialize. Great Valley Advisor Group is excited to present the latest episode of our video series featuring our Chief Market Strategist, Eric Parnell, CFA. At under 3-minutes each, these bi-weekly videos are meant to provide concise observations on relevant economic indicators to strengthen your knowledge and understanding of current market trends. Subscribe to the GVA YouTube channel Eric Parnell is solely an investment advisor representative of Great Valley Advisor Group, and not affiliated with LPL Financial. Any opinions or views expressed by Eric Parnell are his own and are not those of LPL Financial. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted. LPL Compliance Tracking #: 657246