Reported about 1 month ago
During the ongoing third quarter earnings season, Fidelity's Jurrien Timmer emphasizes that election volatility should not be a primary concern for investors. While the market recently faced a decline following the strong rally of major tech stocks, Timmer reassures that current market conditions are more stable compared to the 1990s. He notes that the performance of most S&P 500 stocks remains positive, suggesting a less concentrated and more resilient market. Furthermore, he indicates that while election outcomes can influence markets, they have minimal impact over a complete four-year cycle.
Source: YAHOO