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QVMM - What Biden's Historic Election Decision Means For Markets
Invesco S&P MidCap 400 QVM Multi-factor ETF
2024-07-24 12:30:00 ET
Summary
President Joe Biden’s late withdrawal from the presidential race creates a number of significant unknowns.
While few expect a rate cut at next week’s meeting, probabilities could increase after Friday’s Personal Consumption Expenditures report.
I’m watching earnings season for signs that market performance may be broadening from the domination of the “Magnificent 7” stocks.
Media coverage of the US presidential election reached a fever pitch over the weekend with President Joe Biden’s announcement that he would withdraw from the race....