U.S. election 2024 market predictions: Wall Street warns against basing portfolios on politics
From Fortune:
Wall Street remains unfazed by the upcoming presidential election, with analysts predicting a rally regardless of the outcome. Even though there is significant tension and uncertainty around the election, banking heavyweights are advising investors not to base portfolios on politics. Economists believe that a market uptick will happen after the election. Despite the common belief that election years trigger market volatility, historical data indicates a nonissue for portfolios and the markets.
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