Reported 8 months ago
As the 2024 presidential election approaches, Nuveen CIO Saira Malik discusses the potential impacts of the upcoming debate on markets. Malik believes that while the debate may not have a significant market impact, second quarter earnings and economic data will play a more crucial role. She emphasizes that market volatility tends to rise during an election year, noting that the US is not alone in facing major elections, with 77 countries holding elections in 2024, representing 60% of GDP. This global trend is expected to create a 'global volatility event' affecting financial markets worldwide.
Source: YAHOO