More Articles | Free Reports | Premium Services Polls close on the East Coast in a few hours. But the counting will go on into the wee hours of the night. It’s too early to call a winner… or to know if we’ll even have a winner declared tonight at all. Yesterday, election wonk Nate Silver posted an update to his widely watched election forecast. It’s based on polling averages during the campaign. It’s flipflopped four times since July. Now, it has the race as a dead heat. I’m a political junkie, and I need my fix. So, I don’t plan on sleeping much tonight. But I recommend you try to get a good night’s rest because the next few days could be wild. As if this election wasn’t enough to digest, the most consequential Fed meeting of the year starts tomorrow. Will the world’s powerful central bank cut rates again? Or will lingering inflation force it to pause? And how will a market that’s already on edge react? I’ve pounded the table over the last week on the need to prepare for chaos. You shouldn’t sell everything and run for the hills. That’s almost never a good idea. But raising a little cash is smart. As I showed you yesterday, the stock market tends to be down in the first few weeks after a presidential election. It also tends to be sharply higher three to six months out. So, I’ll be treating price falls in stocks as an opportunity to buy… and profit. If you haven’t done so already, I recommend you do a little portfolio pruning and raise some extra cash. Roughly 10% to 20% of your portfolio is wise. This leaves the core of your portfolio intact. It also leaves you with plenty of cash “ammo” if we get a real market dip. I also recommend you watch the replay of The Day After Summit that I hosted with fellow Freeport Society founder Louis Navellier. Because it’s time sensitive, my publisher is taking it offline at midnight tonight. And I think you’re going to want to hear what we discussed. We showed how to trade the post-election chaos using a system designed to take the emotion out of investing and profit while others are losing their heads. As super investor Warren Buffett urges, you want to be greedy when others are fearful. And that’s what this system does for you. We also laid out a ton of evidence for why it works – including how, in back testing, it’s identified 3,500 stocks that have gone on to soar 1,000% or higher. And we explained why it’s perfect for the kind of market turmoil we’re expecting to kick off as soon as tomorrow. But let’s look past the immediate post-election chaos for a moment. Once the dust settles, we’re going to have either a President-Elect Trump or a President-Elect Harris. So, let’s walk through what each of those scenarios might mean for us as investors. Biden 2.0 Ladies first… It’s hard to know with Harris because she’s run an intentionally vague campaign designed to ruffle as few feathers as possible. But it’s safe to assume that a Harris presidency will look a lot like Biden’s presidency. I even expect several of the cabinet faces to remain the same. Biden wasn’t anyone’s idea of a business-friendly president. But Wall Street didn’t seem to mind much. Since his November 2020 election, the S&P 500 has generated average annual returns of just over 14%. Those are the best stock returns of any president of the postwar era, except for Bill Clinton. They’re also better than the 12% average annual returns under Donald Trump. But the numbers look different if you measure from Biden’s inauguration in January 2021. Running the numbers like that, Trump comes out ahead with 14% average annual gains compared to Biden’s 10%. We should take those numbers with a massive grain of salt. Both Biden and Trump benefited from pandemic-era Fed stimulus and one of the biggest tech booms in human history. But the takeaway is clear: Whatever you may think of him, Biden didn’t halt the tech boom that started under Trump. It continued because the trends supporting it were more important than who was sitting in the Oval Office. Like the internet boom 30 years ago, the AI boom is a once-in-a-generation technological shift that was going to happen regardless of who held the reins of power in Washington. It’s the same with the breakdown in globalization – another trend that’s been front and center on our radar here at The Freeport Society. Biden didn’t rollback Trump’s China tariffs. Instead, he ratcheted up the pressure. And both Biden and Trump piled on trillions of dollars of debt… just like Harris will. So, what changes should you make to your portfolio if Harris wins? I know from some recent nastygrams in the mailbag that many readers are vehemently opposed to a Harris presidency. But mixing politics and investing is rarely a good idea. My advice: Keep calm and carry on. Follow the major investment themes of the past few years, such as the exponential progress of AI and the rebuilding of America’s industrial infrastructure as globalization goes into reverse. They worked under Biden. They’ll work under Harris as well. Now, let’s consider what a Trump presidency means for your portfolio. Wrecking Ball Whether the man wins or loses today, Historians will refer to this moment as the “Trump Era.” All political conversations are framed as pro-Trump or anti-Trump. Whether you love him or loathe him, he IS the conversation. Trump is a wrecking ball and an agent of chaos. His ability to shake the hornet’s nest is what makes his fans love him… and his detractors loathe him. So, how do you invest under a second Trump presidency? I wouldn’t go making any big changes. Remember, the underlying trends don’t change. AI and automation will still turn our world upside down. America will continue to reshore its supply chain. And I haven’t heard a word from Trump (or Harris) about the debt catastrophe facing America, as the interest we pay on the national debt outstrips our military budget. But the more unpredictable nature of a Trump presidency means a little more chaos insurance is a good idea. I’m bullish on gold if Kamala wins. I’m even more bullish if Trump emergers as the victor. I first recommended paid-up subscribers of The Freeport Investor buy gold in December 2023 when we launched The Freeport Society. Since then, gold is up about 35%. A Trump presidency would also likely be great news for Bitcoin. Trump pledged to end the Team Bidens’ “anti-crypto crusade.” Trump would also likely loosen regulation on the industry. But beyond this, if his promises of tax cuts blow out the deficit further, Bitcoin is going to be increasingly attractive as a dollar hedge. Remember, Bitcoin is “digital gold.” Its supply is scarce, and it costs money to mine. That makes it a great way to preserve wealth as the value of your dollars get inflated away. Bitcoin has also been a core holding in The Freeport Investor model portfolio over the past year. And folks who bought on that recommendation are up 65%. Under Trump, it will go a lot higher. Rare Buying Opportunity I don’t know who you’re voting for or if you’re voting at all. It’s none of my business. But if the polling is to be believed, there’s a roughly 50-50 chance you’ll be either wildly excited or utterly devastated by the outcome. Understand this: No matter who’s eventually declared the winner, life goes on. In the meantime, we have a rare opportunity to profit as panicked investors hammer quality stocks down to bargain prices. I’ll be there to buy the dips and profit as prices shoot higher again. I hope you’ll join me. To life, liberty and the pursuit of wealth, |