Reported about 1 month ago
As the Federal Reserve prepares to cut interest rates, potential market upheaval looms from the 2024 election, with Innovator Capital Management’s Tim Urbanowicz noting that historical trends suggest heightened volatility approximately 60 days before elections. He urges caution, stating that although new policies may arise, there's no need to alter investment strategies in anticipation of these changes. Urbanowicz emphasizes that this electoral season is likely to contribute to market fluctuations heading into fall.
Source: YAHOO