Weekly Client Letter – October 21, 2024

As elections approach, media noise and investor anxiety often rise, but historical data shows that market volatility in election years is nearly identical to non-election years. Markets tend to focus on fundamentals like interest rates, earnings, and inflation rather than political events.

Elections may generate headlines, but they rarely have lasting impacts on overall market performance. We remain focused on long-term strategies and risk management while seeking to avoid reacting to election-related noise.

Elections: More Buzz Than Bite

Weekly Client Letter - October 14, 2024
Source: Bloomberg, Redwood. Data as of 10/7/2024. Date Range from 12/31/1929 – 12/31/2023.
  • We believe the preservation of capital is key to consistent, long-term investment success.
  • Our investment approach is grounded in economic theory and backed by quantitative analysis.
  • Managing drawdown risk is a pillar from which we build our portfolios.

60-Second Breakdown: October 21, 2024

Redwood Senior Analyst Michael C. Sasaki, CFA® discusses recent market performance and explains this week’s chart.

Market Summary

Subscribe to Our Perspectives