1. groups
2. investments
3. The final stretch: Your top 3 U.S. election questions answered

The final stretch: Your top 3 U.S. election questions answeredVideo

Account Id: 4394098893001

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

Video ADA Text: The final stretch: Your top 3 U.S. election questions answered video

Transcript Browser Title: Video transcript: The final stretch: Your top 3 U.S. election questions answered

Description: From tax policy to government debt, we share our thoughts on key issues facing investors this election season.

English

Video Id: 6364040181112

Audio Description Video Id: 6364041333112

Length (seconds): 91

Transcript: <h2>Note:</h2> <p>Neutral background music plays.</p> <h2>On screen:</h2> <p>This video opens with a man in a dark blazer, speaking from an office with a bookshelf.</p> <h2>Note:</h2> <p>A 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>Federico Cuevas:</h2> <p>Here are your Top Market Takeaways.</p> <h2>On screen:</h2> <p>A tan circle with a title expands:</p> <h2>On screen:</h2> <p>Top</p> <p><strong>MARKET</strong></p> <p><strong>TAKEAWAYS</strong></p> <p><strong>NOVEMBER 1, 2024</strong></p> <h2>On screen:</h2> <p>Identifying text appears beside the speaker:</p> <h2>On screen:</h2> <p><strong>FEDERICO CUEVAS</strong></p> <p>GLOBAL INVESTMENT STRATEGIST,</p> <p>J.P.MORGAN WEALTH MANAGEMENT</p> <h2>Federico Cuevas:</h2> <p>It's the final countdown to Election Day in the U.S., and the outcome still looks like a coin flip. How is it going to impact markets? Let's dive in.</p> <h2>On screen:</h2> <p>A question appears over gray:</p> <h2>On screen:</h2> <p>Do elections really impact markets?</p> <h2>Federico Cuevas:</h2> <p>Historically, elections don't have a lasting impact on broad stock indexes like the S&amp;P 500. In fact, presidents from both parties have generally seen strong market returns, except during the major events like the Tech Bubble Burst and the Great Financial Crisis. And that's because while elections can influence which sectors outperform or underperform, the macroeconomic and corporate fundamental backdrops are the real drivers at the broad market level.</p> <h2>On screen:</h2> <p>Another question appears over gray:</p> <h2>On screen:</h2> <p>Why should investors focus on fundamentals?</p> <h2>Federico Cuevas:</h2> <p>Once the outcome of an election is known, markets tend to rally.</p> <h2>On screen:</h2> <p>A bar graph appears, titled: 'S&amp;P 500 returns between Election Day and year-end, %.' The vertical axis ranges from negative 15% to positive 15%, while the horizontal axis ranges from '60 to '20. Positive years include '60 at 5.4%, '68 at 0.7%, '72 at 3.6%, '76 at 4.2%, '80 at 5.2%, '88 at 0.9%, '92 at 3.8%, '96 at 3.7%, '04 at 7.2%, '16 at 4.6%, and '20 at 11.5%. Slightly negative years include '64 at negative 0.5%, '84 at negative 1.9%, and '12 at negative 0.2%. More steeply negative years include '00 at negative 7.8% due to the 'Bush/Gore Contested Election and Recession in March 2001;' and '08 at negative 10.2% due to the 'Global Financial Crisis.' A figure above the graph ticks up to '1.9% on average, S&amp;P 500 return.'</p> <h2>Federico Cuevas:</h2> <p>Since 1960, the S&amp;P 500 has averaged a 1.9% return from Election Day to year-end.</p> <h2>Note:</h2> <p>Small text below the graph reads:</p> <h2>On screen:</h2> <p>Source: Bloomberg Finance L.P., and J.P. Morgan. Data as of December 31, 2020.</p> <h2>Federico Cuevas:</h2> <p>Over the long term, stock returns are driven by earnings growth, not political party control.</p> <h2>On screen:</h2> <p>A question appears over gray:</p> <h2>On screen:</h2> <p>What should investors expect?</p> <h2>Federico Cuevas:</h2> <p>In the days surrounding the election, markets may see bouts of volatility. But regardless of the election outcome, our view is that macro and corporate fundamentals will continue to steer market performance.</p> <h2>On screen:</h2> <p>A bulleted list with three items appears over white:</p> <h2>On screen:</h2> <p>Key Takeaways</p> <ul> <li>Elections have minimal long-term impact on overall market performance</li> <li>Macro and corporate fundamentals remain the primary drivers of market performance, with earnings growth being a key factor over the long run</li> </ul> <h2>Federico Cuevas:</h2> <p>To learn more, please 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>On screen:</h2> <p>An oval around the URL turns from white to blue.</p> <h2>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>Note:</h2> <p>A disclaimer reads:</p> <h2>On screen:</h2> <p><strong>Outlooks and past performance is not a guarantee of future results.</strong></p> <h2>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>Investment in alternative investment strategies is speculative, often involves a greater degree of risk than traditional investments including limited liquidity and limited transparency, among other factors and should only be considered by sophisticated investors with the financial capability to accept the loss of all or part of the assets devoted to such strategies.</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