Like the result or not, the election is in the books and it's time for investors to look ahead to 2017, said Jeffrey Kleintop, chief global investment strategist at Charles Schwab (SCHW) .

"It's wise for investors to look beyond immediate, potentially lucrative, but risky events like the election when setting up their portfolios," said Kleintop. "In 2017, the financial sector could overcome some of the credibility issues it has been facing provided the Federal Reserve raises rates in December."

Kleintop expects earnings to grow in 2017, likely in the single digits, as opposed to the double-digit numbers being bandied about on Wall Street.

Investors wondering where exactly to put their money to work internationally should consider Canada, which Kleintop calls one "big levered energy ETF," as well as Japan. He said Brexit is still working itself through the economic, financial and political systems in the U.K. and Europe. As a result, he said global stocks may fall further.

"No two market shocks are the same, but in some of the other shocks since the financial crisis, markets have recovered in three to four months," said Kleintop. "Investors with longer time horizons may want to maintain their diversified asset allocations, which can help portfolios weather volatility over time."

In the emerging markets, Kleintop believes China's economic growth is likely to slow again in 2017, but not crash.

"We will be watching five main risk areas: the banking system, the property market, capital outflows, the strength of the Chinese consumer and the leadership transition next fall," said Kleintop.

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