Samlunch
11-12
$SPDR S&P 500 ETF Trust(SPY)$  


BREAKING: S&P 500 is now up 26% year-to-date, on track to post its best election year in 88 years.

The index has returned more than during the previous 3 election years COMBINED.

This is also the third election year in history that the S&P 500's performance has surpassed 20%, after 1936 and 1980.

At the same time, the S&P 500 has hit 51 new all-time highs in 2024, the second-highest result since 2017.

This is almost TRIPLE the historical average of 18 new records per year since the 1950s.

Truly historic.

No Rate Cut in Dec.? Market Ready for a Pullback?
U.S. stocks closed lower on Thursday after Federal Reserve Chairman Jerome Powell stated there is no need to rush rate cuts, hinting that a rate cut in December is unlikely. Initial jobless claims in the U.S. fell to their lowest level since May last week. Producer prices accelerated in October, indicating an upside risk to the Fed’s preferred inflation gauge. ---------- How do you expect the rate cut? Will rate cut estimates cause a big decline?
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