Biden's Exit Rewrites the Election Year Playbook!
Chart on election year stock performance
With Biden's shocking withdrawal from the race, we've suddenly veered off both these paths. The '4th Year of a New President' scenario (orange line) is now ancient history.
But here's the kicker – we're not reverting to the 'Lame Duck' situation either. We're in uncharted waters, folks!
This unprecedented move could spark major market volatility. The certainty of an incumbent running has vanished, potentially triggering a rollercoaster ride for stocks.
🤔 Questions to ponder:
Will this uncertainty drive a deeper summer slump?
Could Kamala provide a surprise boost?
How will this impact sector rotations?
One thing's for sure – 2024 just got a lot more interesting for investors.
What's your play in this new political landscape? Defensive moves or seeing opportunities?
Modify on 2024-07-22 17:35
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Lower rates, targets raised, Trump will be President, Big Big Week ahead!!!