No matter how much you dislike him or her, the next President isn’t likely to hurt the stock market. But 2017 could still be rocky for the economy. Here’s what you’ll need in your postelection portfolio.

EMOTIONS HAVE RUN exceptionally high in this campaign—so high that hyperbolic statements about the likelihood of one candidate or the other torpedoing stocks, capsizing the bond market, or crippling the economy have the ring of truth for many voters. So it’s understandable for investors to worry that the outcome of the election could upend their portfolios. After votes are tallied on Nov. 8, about half the country will be elated, and nearly half will be scared. And research suggests that both groups are likely to rearrange

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