Market patterns suggest soft landing for economy, low chance of Trump win

From Investing.com: 2024-09-13 06:23:06

According to JPMorgan analysts, recent market trends suggest a “soft landing” scenario for the U.S. economy, with low chances of a Trump victory in the upcoming election. August saw the largest equity fund outflow since 2022 due to a retail shift away from equities. While some short-term relief is expected, the outlook for equities remains uncertain. Market patterns indicate a low chance of a Trump win and avoidance of recession seen in prior Fed rate cut cycles. JPMorgan also discussed the potential market implications of different election outcomes, highlighting possible policy changes under a Trump win with a Republican Congress. The market seems to be anticipating steady economic conditions moving forward.



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