Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
    2021
    Best News & Analysis Provider
    FxDailyInfo
    2022
    Best Forex Educational Resources Global
    International Business Magazine

    The S&P 500 has posted a positive return in 13 of the last 15 Presidential Election years – Citi

    Source Fxstreet
    Feb 9, 2024 16:00

    The road to the White House currently looks like a rematch between President Joe Biden and former President Donald Trump. Economists at Citigroup explain why not wait to invest until after the US elections.

    Markets are likely to go up no matter who wins in the US

    The S&P 500 has posted a positive return in 13 of the last 15 Presidential Election years. 

    Only if there is a major geopolitical event or a radical change in policy after the US elections might there be a negative tilt in economic activity. 

    Meanwhile, this phase of normalization and growth, of resilience and reshoring will continue, driving future corporate profits and markets higher.

     

    Disclaimer: For information purposes only. Past performance is not indicative of future results.
    placeholder
    US Dollar reaches highest value since November following PPI and Jobless ClaimsThe US Dollar Index (DXY) is currently trading at 105.45, marking its highest position since November 2023.
    Source  Fxstreet
    The US Dollar Index (DXY) is currently trading at 105.45, marking its highest position since November 2023.
    placeholder
    US Dollar Index trades flat prior to market-moving US dataThe US Dollar Index (DXY) seesaws between tepid gains and losses on Friday as traders sit on the sidelines prior to the release of market moving data from the US.
    Source  Fxstreet
    The US Dollar Index (DXY) seesaws between tepid gains and losses on Friday as traders sit on the sidelines prior to the release of market moving data from the US.
    placeholder
    Scope for Fed funds rate expectations to adjust higher in favour of a firmer USD – BBHHigher US consumer inflation expectations can further curtail money market expectations of Fed funds rate cuts this year and turbocharge USD higher, economists at BBH say.
    Source  Fxstreet
    Higher US consumer inflation expectations can further curtail money market expectations of Fed funds rate cuts this year and turbocharge USD higher, economists at BBH say.
    goTop
    quote