Investment Portfolio

How to Position Your Investment Portfolio for Transition Uncertainty and Gridlock in Government

Americans have voted, and stocks rallied on early indications of a split Congress that would reduce the likelihood of sweeping regulatory and tax changes. But President Donald Trump’s legal challenges in several states, even as former Vice President Joe Biden appeared to secure victory, leaves investors grappling with an uncomfortable level of uncertainty as they look to recalibrate portfolios for a postelection world.

The best approach may be a portfolio that doesn’t pick sides—growth or value, in this case—and includes a…

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