LPL’s Street View recently examined if we’re in the calm before the “election storm.” As LPL’s Marc Zabicki noted, “Volatility has been lower than normal relative to history and has so far remained near the lows for the year.” But with less than 100 days left until the presidential election, can we expect volatility to remain this low?
While volatility is likely to increase due to uncertainty and according to historical trends as we approach the election, this is not the time to panic or let fear get in the way of your long-term plans and goals.
Take a step back and look at the full picture of the US economy. Not a whole lot has changed over the past few months or will change in the next few months. Inflation has cooled, unemployment has only increased slightly, and the Fed has yet to make any major rate cuts. Earnings remain stable, and the future still looks bright regardless of who takes office in January.
Only time will tell if we will experience a storm or not in the coming months, but there are plenty of safeguards and a strong foundation in place that should carry us through whatever happens in November.
On Thursday, August 8 at noon (Central), I’ll host the Q3 BTWM Virtual Lunch Webinar to discuss several key topics as we near Q4, including:
- State of the market
- Volatility
- Presidential election
- The Fed and potential rate cuts
- Inflation
- Unemployment rate
- Industries to watch
- Preparing for EOY
- Open Q&A
How to Join the BTWM Q3 Virtual Lunch Webinar
As always, this webinar is cost-free and no RSVP is required to join. The stream is accessible from any device. Join us on 8/8 at noon Central by clicking here https://www.gotomeet.me/RyanOConnell-BTWM, or by calling (669) 224-3413. Use access code 902-937-309.
Ask your questions below and I will answer them during the upcoming BTWM Virtual Lunch Webinar.