As we close out the first year of President Trump’s second term, markets have once again proven just how unpredictable they can be. From steep drops to near record highs, volatility has defined the year — but what does history tell us about what comes next?

In this episode of Financial Planning Friday, Jerry Davidse, CFP® reviews market trends from past presidential cycles and explains what investors can learn as we move into year two, historically the toughest stretch for stocks.

You’ll learn:

• Why the second year of a presidential term has historically seen the lowest average market returns (around 3%)
• How volatility in year two often increases — and how to plan for it
• The importance of maintaining a diversified, globally balanced portfolio
• Why having cash reserves and a rebalancing pl ...