Banerji: people are looking at portfolios through red or blue goggles

Market Trends & Investor Behavior - Conventional investing wisdom suggests separating politics from portfolio decisions, but many Americans find this challenging, viewing investments through partisan lenses [1] - Investors' political affiliations influenced their investment decisions, with Trump voters buying during market dips and others moving money abroad due to policy concerns [2] - Money managers observed stark divisions along party lines in client calls, with Republicans remaining steady and Democrats expressing portfolio anxieties [2] - Partisan portfolio management emerged during the Obama presidency and intensified during the Trump era, coinciding with heightened political and social divides [3] - The "optimism gap" between Democrats and Republicans regarding the stock market's 6-month outlook is the widest since 2001, based on Gallup data provided to the Wall Street Journal [5] - Intense polarization is increasingly reflected in stock portfolios [6] - Wall Street is attempting to capitalize on this political divide with the emergence of anti-woke ETFs and other related investment strategies [7]