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Election Uncertainty To Cause Market Correction By Summer? | Lance Roberts & Adam Taggart
Manage episode 409674250 series 3548516
Nearly every asset class saw gains in Q1 -- stocks, the dollar, gold, Bitcoin and real estate. Will the rally keep powering higher through the remainder of 2024? Portfolio manager Lance Roberts thinks, while anything is possible, stocks are increasingly at risk of a pull-back, especially as the Presidential election approaches. Markets hate uncertainty, and with a close election expected, not just for the Presidency but for the chambers of Congress as well, it's likely investors will start selling and moving towards the sidelines as summer approaches. Lance and I discuss that, as well as concerning new jobs data, the looming retirement crisis, the worsening wealth divide, plus several other positive recent developments in this week's recap.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #marketcorrection #bullmarket #jobs2024
--- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support125 afleveringen
Manage episode 409674250 series 3548516
Nearly every asset class saw gains in Q1 -- stocks, the dollar, gold, Bitcoin and real estate. Will the rally keep powering higher through the remainder of 2024? Portfolio manager Lance Roberts thinks, while anything is possible, stocks are increasingly at risk of a pull-back, especially as the Presidential election approaches. Markets hate uncertainty, and with a close election expected, not just for the Presidency but for the chambers of Congress as well, it's likely investors will start selling and moving towards the sidelines as summer approaches. Lance and I discuss that, as well as concerning new jobs data, the looming retirement crisis, the worsening wealth divide, plus several other positive recent developments in this week's recap.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #marketcorrection #bullmarket #jobs2024
--- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support125 afleveringen
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