U.S. election 2024 market predictions: Wall Street warns against basing portfolios on politics
Written by Black Hot Fire Network on January 28, 2024
Presidents cycle through the White House, but Wall Street remains unfazed about the next leader—for now. Despite the looming uncertainty over the Oval Office occupant by year-end, banking heavyweights are bullish on the market’s prospects, predicting a rally regardless of who takes the oath in January.
Analysts told Fortune that the whims of incoming politicians—particularly in these early stages of the elections—are merely “background noise” for the time being, adding they’re more focussed on continuity of economic performance as opposed to proposed policy.
With a significant political . . .
