Buckle Up for November
2024 was guaranteed to be an eventful year.
Of course, attention naturally gravitated towards the first Tuesday in November. And here we are, just a month out. The Presidential election is near. The visibility on victory is anything but clear. The implications are massive.
Politics and election cycles are never the primary driver for the Market. But they sure do influence. More important are earnings and economic cycles. James Carville made it clear what matters most to the American people when they head to the ballots. It’s the Economy, stupid. He said that in 1992. He also asserted the Bond Market can intimidate anyone. Both still hold true today.
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