HomeMarketsU.S. Economy & JobsPolitical Gridlock Good for Stocks

Political Gridlock Good for Stocks

The demand for bonds turned the market around today, says Kevin Nicholson. He expects yields to go higher. Looking ahead, he expects a solid GDP print, but thinks the jobs report will be muddled because of hurricanes, strikes, and other tumult. He forecasts political gridlock after the election, which he says the market prefers.

Market On Close

29 Oct 2024

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