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With Biden and Trump set to square off in November, the 2024 US election cycle presents the possibility of a significant shift in political leadership — potentially leading to policy changes that could impact portfolios.
Investors should be prepared for policy shifts across a variety of sectors, with both candidates outlining a slate of goals that could boost — or hinder — certain industries, such as energy, financials and manufacturing. Other areas of focus include tax, leadership of the Federal Reserve, immigration policy and relations with China.