Page 37 - DIY Investor Magazine | Issue 41

As we approach the US election there could be more volatility in the markets. A couple of weeks ago it looked likely that Donald Trump would win the election.
The markets felt that they knew what they had in store and strengthened. The last time he was in office, stock markets performed well and his policies were
generally pro-business.
When President Joe Biden announced that he was no longer running, things changed. The probability of a Trump victory fell and a new unknown was thrown into the mix.
Would a Kamala Harris presidency be good for stock markets? It may well be, but there is less certainty and that seems to have spooked the markets.
We still hold funds that invest in the US markets and the technology sector, but have reduced our overall exposure. If the political situation settles and we see the funds starting to go back up again, then we will consider adding to
our holdings.
For more information about Saltydog, or to take the two-month free trial, go to www.saltydoginvestor.com
37 DIY Investor Magazine
· August 2024
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