LPL Financial Chief Analyst Adam Törnqvist:
8 out of 10 times the market maintained GROWTH 🚀 during the 3 months before the elections, when the current administration's victory was obvious;
8 out of 9 times the current administration suffered a defeat in the elections, and before that the stock market FELL during this period.
Let me remind you that the US elections are on November 5 😈
So far, they are inclined to believe that Trump will win and the administration will change. In any case, politicians will do everything before the elections to keep investors in a good mood.
However, this race is accompanied by a recession, but it is still invisible to the average person.
Will the market balance be restored? Yes, big capital needs a lot of time and hamsters to exit. The peak of volatility is in September.
Tap the hamster, but don't wipe a hole in the mirror 🤸🏽♂️
Next, I'll write recession scenarios and analyze the indicators.
