ACTV - Wall Street Exclusive: An Election That Will Matter
2024-06-22 02:54:52 ET
Summary
- With the election cycle entering its last five months, the political cycle will now be part of the current macro scene.
- This has the potential to be a market-moving issue due to the stark economic policy differences between the two candidates.
- In the five months leading up to the election, history shows the S&P 500’s average performance has been +2.2%, with gains 15 out of 19 times (79%).
- Political developments will matter more than usual in the near term. Stay grounded; there’s plenty of time between now and the election for the forecasted outcome to shift.
" Inflation is a form of tax, a tax that we all collectively must pay." - Henry Hazlitt
“Never make excuses. Your friends don't need them and your foes won't believe them.” – John Wooden
Welcome to another Seeking Alpha Wall Street exclusive. As the year unfolds, investors will be inundated with commentary and soon realize that this election will have implications for the US macroeconomy and equity markets.
This report should not be construed as a political statement or opinion. It is based on factual (historical) data from reliable sources and commentary from each party on their projected policies. If anyone finds anything is non-factual in this missive, please bring it to my attention, and it will be removed....
Wall Street Exclusive: An Election That Will Matter