‘11/7/2024 ‘The Big Unknown…is Over!!!!’
Russell E. Towne | November 7, 2024
‘11/7/2024 ‘The Big Unknown is Over!!!!’
‘The Big Unknown… is Over!!!!’
The Big Unknown… is Over, sites Business Insider 11/7/2024. The article went on to say that markets can handle anything but the unknown and…. the mor- than-a-year election trek created much volatility along the way as traders took advantage of market moves. Further, the election completion with a Fed Cut has created a positive move in the markets which they believe will carry into the holidays, possibly stretching the incredibly bullish environment out seven weeks. However, be prepared for some type of market pullback as there is historic data over the last eight election cycles showing a sell-off the week after the election results.
It is fast becoming a season where one has to decide
what equites one wants to put under their tree… this year.
As the song goes,
‘It’s Starting to Look a Little Bit like Christmas’
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.