Preparing Your Portfolio for the Upcoming Election

Reported 2 months ago

As the 2024 presidential election approaches, Kace Capital Advisors' Kenny Polcari discusses the potential economic impacts of a Kamala Harris or Donald Trump administration. He highlights the uncertainty in the markets due to the lack of clear policies from Harris and advises investors to adopt a defensive strategy by focusing on consumer staples and utilities. Polcari also views the recent drop in stocks like Nvidia as a buying opportunity, emphasizing the importance of positioning portfolios wisely during traditionally weaker market months.

Source: YAHOO

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