1. groups
2. investments
3. Triple take: What did we learn this week?

Triple take: What did we learn this week?Video

Account Id: 4394098893001

Player Id: bb60d070-b695-4c55-9162-a421ad370a53

Video ADA Text: Triple take: What did we learn this week? video

Transcript Browser Title: Triple take: What did we learn this week? video

Description: Our thoughts on the Federal Reserve’s recent news, artificial intelligence, spending, election-related volatility and geopolitics.

English

Video Id: 6359756790112

Audio Description Video Id: 6359756102112

Length (seconds): 102

Transcript: <h2>Side note:</h2> <p>Background music plays.</p> <h2>On screen:</h2> <p>This video opens on a man in a dress shirt and blazer, speaking from an office with a bookshelf.</p> <h2>Side note:</h2> <p>A bold disclaimer appears in a text box:</p> <h2>On screen:</h2> <p>INVESTMENT AND INSURANCE PRODUCTS:</p> <ul> <li><p><strong>NOT A DEPOSIT</strong></p> </li> <li><p><strong>NOT FDIC INSURED</strong></p> </li> <li><p><strong>NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY</strong></p> </li> <li><p><strong>NO BANK GUARANTEE</strong></p> </li> <li><p><strong>MAY LOSE VALUE</strong></p> </li> </ul> <h2>Ajene Oden:</h2> <p>Here are your Top Market Takeaways.</p> <h2>On screen:</h2> <p>A circle with a title expands:</p> <h2>On screen:</h2> <p>Top <strong>MARKET TAKEAWAYS</strong></p> <p>AUGUST 2, 2024</p> <h2>On screen:</h2> <p>An identifying text box appears over the speaker:</p> <h2>On screen:</h2> <p><strong>AJENE ODEN</strong></p> <p>GLOBAL INVESTMENT STRATEGIST</p> <p>J.P. MORGAN WEALTH MANAGEMENT</p> <h2>Ajene Oden:</h2> <p>As election campaigns unfold, the headlines are often filled with dramatic political developments and uncertainty. The 2024 election cycle has clearly been no exception. Investors may justifiably feel anxious about the potential impact of election related volatility on their portfolios. However, history provides a reassuring perspective.</p> <h2>On screen:</h2> <p>A question appears over gray: What can we learn from markets during previous election years?</p> <h2>Ajene Oden:</h2> <p>A look at the average performance of the S&amp;P 500 during past presidential election years reveals a consistent pattern: while volatility may be higher around the election date, equities generally maintain a positive slope.</p> <h2>On screen:</h2> <p>A horizontal line graph appears, titled, 'S&amp;P 500 Performance, U.S. Elections Since 1980. Indexed to Election Day.' The vertical axis shows, from bottom to top, the S&amp;P 500 Performance ranging from 60 to 160 (in increments of ten). The horizontal axis shows election day months, before and after the election, ranging from 18 months before the election to 12 months after the election (in increments of three month).<strong><br /> </strong>A blue line, indicating the election of 2000, shows the S&amp;P 500 between about 90 and 100 from 18 to 9 months before the election; between about 95 and 105 from 9 months before the election until the election; between about 100 and 90 at the election until 3 months after the election; between about 90 and 80 from 3 months after the election until 9 months after the election; and between about 70 and 80 from 9 months until 12 months after the election.</p> <p>An orange line, indicating the election of 2008, shows the S&amp;P 500 between about 160 and 150 from 18 to 10 months before the election; between about 150 and 130 from 10 to 4 months before the election; between 130 and 90 from 4 months before the election<br /> until the election; between about 100 and 70 at the election until 4 months after the election; between about 70 and 90 from 4 months to 9 months after the election; and between about 90 and 105 from 9 months until 12 months after the election.</p> <p>A pink line, marked 'Average' shows the S&amp;P 500 performance at about 100 from 18 months before the election until 3 months after the election; and ranging from about 100 to 110 from 3 months until 12 months after the election.</p> <p>A brown line, indicating the election of 2016, shows the S&amp;P 500 performance at about 100 from 18 months before the election until the election; between about 100 and 110 from the election until 3 months after the election; and between about 110 and 120 from 3 to 12 months after the election.</p> <p>A dark blue line, indicating the election of 2020, shows the S&amp;P 500 between about 90 and 100 from 18 to 9 months before the election; between about 100 and 70 from 9 to 7 months before the election; between 70 and 105 from 7 months before the election<br /> until the election; between about 100 and 120 at the election until 3 months after the election; and between about 120 and 140 from 3 months until 12 months after the election.</p> <h2>Side note:</h2> <p>Small text below the graph reads:</p> <h2>On screen:</h2> <p>Source: Bloomberg Finance L.P. Analysis as of January 16, 2024.</p> <p>(In bold)<strong> Past performance is no guarantee of future results. It is not possible to invest directly in an index.</strong></p> <h2>Ajene Oden:</h2> <p>This trend underscores the resilience of the market and the importance of maintaining a long-term investment strategy.</p> <h2>On screen:</h2> <p>Text appears in a large box beside Mr. Oden:</p> <p>VIX [acronym] volatility measuring index</p> <p>has historically been slightly higher, on average, in election years versus non-election years.</p> <h2>Ajene Oden:</h2> <p>The volatility measuring index, or VIX, has historically been slightly higher, on average, in election years versus non-election years. This uptick is minor, as politics is one of many factors weighing on the stock market. The market's long-term trajectory is influenced more by underlying economic fundamentals than by election outcomes.</p> <h2>On screen:</h2> <p>Another question appears over gray: What does this mean for my investment portfolio?</p> <h2>Ajene Oden:</h2> <p>In 2024, as political uncertainty looms large, it is crucial for investors to stay focused on their long-term goals. The historical data supports the view that holding stocks through periods of volatility can lead to consistent gains over time. On average, the S&amp;P 500 has risen over 12% in the twelve months following this point in the presidential election cycle.</p> <h2>On screen:</h2> <p>Text appears in a large box beside Mr. Oden:</p> <p>S&amp;P 500 rises (over) 12% in twelve months following this point in presidential election cycle.</p> <h2>Ajene Oden:</h2> <p>By maintaining a long-term perspective and staying invested, investors can navigate the political noise and capitalize on the enduring potential of the US stock market.</p> <h2>On screen:</h2> <p>A bulleted list appears below a title with a magnifying glass:</p> <h2>On screen:</h2> <p><strong>KEY TAKEAWAYS</strong></p> <ul> <li>Markets are more influenced by macroeconomic factors than by election outcomes</li> <li>Stocks tend to rally after the election as uncertainty dissipates and there is more clarity on policy</li> <li>We believe maintaining a long-term perspective and staying invested can help investors weather the political noise</li> </ul> <h2>Ajene Oden:</h2> <p>To learn more, visit chase.com/theknow</p> <h2>On screen logo:</h2> <p>A logo appears over gray: J.P. Morgan WEALTH MANAGEMENT.</p> <h2>On screen:</h2> <p>To learn more, visit CHASE.COM/THEKNOW</p> <h2>Side note:</h2> <p>Legal disclaimers.</p> <h2>On screen:</h2> <p>All market and economic data are sourced from Bloomberg Finance L.P. and FactSet unless otherwise stated.</p> <p>The views, opinions, estimates and strategies expressed herein constitutes the speaker's judgment based on current market conditions and are subject to change without notice, and may differ from those expressed by other areas of J.P. Morgan. This information in no way constitutes J.P. Morgan research and should not be treated as such. You should carefully consider your needs and objectives before making any decisions --including whether the services, products, asset classes (e.g. equities, fixed income, alternative investments, commodities, etc.) or strategies discussed are suitable to your needs. You must also consider the objectives, risks, charges, and expenses associated with any investment or financial service, product or strategy prior to making an investment decision. For additional guidance on how this information should be applied to your situation, you should consult your advisor.</p> <p>Investing in securities involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved.</p> <h2>Side note:</h2> <p>A disclaimer in bold reads:</p> <h2>On screen:</h2> <p>(In bold) <strong>Outlooks and past performance is not a guarantee of future results.</strong></p> <p><strong>Past performance is no guarantee of future results.</strong></p> <h2>Side note:</h2> <p>The final disclaimers in regular font read:</p> <h2>On screen:</h2> <p>It is not possible to invest directly in an index.</p> <p>Asset allocation/diversification does not guarantee a profit or protect against loss.</p> <p>J.P. Morgan Wealth Management is a business of JPMorgan Chase &amp; Co., which offers investment products and services through <strong>J.P. Morgan Securities LLC</strong> (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase &amp; Co. Products not available in all states.</p> <p>Copyright {{copyrightCurrentYear}} JPMorgan Chase &amp; Co.</p>

Thumbnail