The Federal Reserve is to poised to start cutting rates, taking one element of uncertainty out of the market. But there's one big thing that could shake up Wall Street: the 2024 election.
Innovator Capital Management head of research & investment strategy Tim Urbanowicz joins Market Domination to give insight into the markets and election.
When asked about the election adding more potential volatility, Urbanowicz warns: "There's a lot of uncertainty. And I don't think a lot of these policies necessarily will get through. I don't think you adjust your portfolio to bet on those. But we do think with those policies being introduced, it's going to kick up volatility as we head into the fall. What we have seen with the past eight election cycles is typically about 60 days out. That is when you see volatility start to spike."
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Nicholas Jacobino