By: Nexa Financial Group
Months, if not years, of anticipation came to a head overnight. The moment we have been waiting for came quickly, and somewhat anticlimactically, when many woke up to a notification on their iPhone stating that former President Trump has declared victory in the 2024 election. Whether you are happy with the results is a matter of personal preference, but waking up on November 6th with a clear path forward alleviates much of the angst, fear and conspiracy that would undoubtedly follow if this election was contested like those of the recent past.
America will remain divided on a multitude of issues, but one thing most will agree on is a sense of relief now that the election’s outcome is known. We should be thankful of that fact because it was only a few short years ago when the presidential election outcome was fraught with uncertainty, which divided America in a way we hadn’t seen before. While the dust has yet to settle (and as of the time of this writing, Vice President Harris has yet to address the nation or accept the results), it is becoming clear that we will have a new president come January 20th. We’re not here to suggest that one outcome is good or bad, but rather simply knowing we have a clear winner benefits everyone in this country.
Politics are woven into the fabric of the American culture and will continue to be a divisive issue in years to come. As we move into the next chapter in American history, it is important to remain disciplined when it comes to making educated and sound decisions related to your personal finances. This means avoiding being overly pessimistic if this race didn’t yield the results you had hoped for, and tempering the optimism should you feel encouraged by the new leadership in our country.
Maintaining objectivity is difficult, especially when the opinions and issues at stake challenge the very core of what it means to be an American. For those emotionally invested in the campaigns this election season, it was likely exhausting and draining at times. The good news is that the sun will continue to rise in the east and set in the west, regardless of whether you bleed blue or red.
Looking forward, there is still much speculation as to what the future holds, but that statement is true at virtually any point in time. We will keep you informed of any relevant policy, regulatory and investment implications that result from any legislation passed by the new administration and will continue to serve as a sounding board to address any questions or concerns you have. For now, keep calm and carry on.
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