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Weekly Market Commentary
Election Day Takeaways | Weekly Market Commentary | November 11, 2024
The clouds of uncertainty parted last week as former President Donald Trump decisively won the U.S. election, making him the second U.S. president to win non-consecutive terms (Grover Cleveland was the first to do it back in 1892). Investors welcomed the news with renewed risk appetite, bidding the S&P 500 to its 50th record high of the year on Friday. Trump’s proposed economic policies, including deregulation, a likely extension of the 2017 tax cuts, a possible corporate tax rate cut, and proposed tax exemptions on tips, social security, and overtime pay helped underpin buyer enthusiasm. The immediate de-risking of when the election will be decided was another big factor behind the post Election Day rally.
Election Stock Market Playbook | Weekly Market Commentary | November 4, 2024
As Election Day approaches, we discuss potential stock market implications of various possible outcomes. But before we get into that, we offer our regular public service announcement around elections and investing. Political views are best expressed at the polls and not in portfolios.
Research
Client Letter | Big Week for Market Watchers | August 3, 2022
LPL Research discusses why last week was epic for market-watchers, as wells as what could be in store for August.
Client Letter | Midyear Outlook 2022: Navigating Turbulence | July 12, 2022
LPL Research assesses economic and market conditions for the rest of 2022.
Market Watch
Recent Posts
The Fed Resets Expectations for Next Year | Weekly Market Commentary | December 23, 2024
The Federal Reserve (Fed) is moving more cautiously in adjusting policy, and markets might have a hard time resetting expectations. Throughout the latest press conference with Fed Chair Jerome Powell, equity markets declined as investors were befuddled with the large upward revision to 2025 inflation forecasts; despite disappointing inflation projections, the “vibecession” is over as businesses and consumers have become more optimistic.
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Email: donnye.winship@dallasfinancialadvisors.us
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