Forecasting Market Volatility in 2024

Reported 4 days ago

In the wake of Donald Trump's election victory, market rally gains are waning, leading Solidarity Capital CEO Jeff McClean to predict 'super volatile' markets for the rest of 2024. He notes that each new administration appointment impacts market trends and remains optimistic about financial stocks, M&A activities, and IPOs under the incoming administration. McClean expresses trust in the current Federal Reserve leadership while expecting a moderation in monetary policy adjustments.

Source: YAHOO

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