Is this a market still about the Fed, or now about politics? 🏦➡🏛⁉
Brooke May, CFP® shared with CNBC yesterday:
“The election has created additional volatility. That said, the market trades off of earnings. For the most part, U.S. businesses figure out how to make money in all different environments… so while it is somewhat of a distraction to overall economic factors at play, we do think ultimately, interest rates, the Fed, and unemployment, will drive earnings into 2025.”
Catch the whole interview below for Brooke’s insights on macro economic factors and what we expect ahead!