Video of former President Donald Trump and President Joe Biden is played during a hearing by the Select Committee to Investigate the January 6th Attack on the U.S. Capitol on June 13, 2022 in Washington.
WEST PALM BEACH, Fla. — Investors' emotions may run high in 2024, especially in the realm of politics as President Joe Biden and former President Donald Trump are poised for a rematch in this year's presidential election.
"Politics have become increasingly more emotional," Moira McLachlan, senior investment strategist in AllianceBernstein's wealth strategies group, said Wednesday at Financial Advisor Magazine's Invest in Women conference in West Palm Beach, Florida.
However, investors should avoid knee-jerk reactions by setting and sticking to an investment plan, strategists said.
"It's so important to stay invested, and you have to try to take the emotion out of investing" to keep from doing something "detrimental" to your goals, said Kristina Hooper, chief global market strategist at Invesco.
Persons:
Donald Trump, Joe Biden, Moira McLachlan, Magazine's, Kristina Hooper
Organizations:
U.S, Capitol, WEST, Magazine's Invest, Women
Locations:
Washington, BEACH, Fla, West Palm Beach , Florida