Did you know that in 2016, the Dow Jones experienced a 1,000-point drop overnight due to uncertainties surrounding the U.S. presidential election?

Even so, the market stabilized and kept growing afterwards, and there’s no reason to think that this won’t be the case this year around as well.

In this edition, we cover these topics:

• Why Hasn’t Biden Quit The Race? First, we’ll look at the latest polling data and hypothetical matchups ❌

• Nikki Haley Supports Trump: Next, we’ll look at Nikki Haley's recent decision to release her delegates and endorse Donald Trump 🗳️

• Powell Is Starting To Send An Important Signal That Rates Cuts Are On The Way: Finally, Federal Reserve Chairman Powell's recent comments suggest significant changes in monetary policy ✂️

Stay informed and make educated decisions with our expert insights and analysis. Happy trading!

Why Hasn’t Biden Quit The Race? ❌

As the election cycle of 2024 continues, this is the one question that is on everyone’s mind.

Just take a look at the latest polling data from Emerson College Polling, as it says it all:

2024 Hypothetical Matchups

It’s likely that any of the other possible Democratic candidates would defeat Trump.

Only Biden and Harris would lose to him.

What an election.

Unprecedented 🤯

Nikki Haley Supports Trump 🗳️

After holding out since she accepted defeat in the Republican primary months ago, Nikki Haley has finally announced that she is releasing all of her 97 delegates.

She is also urging them to vote for Donald Trump at next week’s Republican National Convention.

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Powell Is Starting To Send An Important Signal That Rates Cuts Are On The Way ✂️

In Powell’s words:

“The most recent labor market data do send…a pretty clear signal that labor market conditions have cooled considerably compared to where they were two years ago.”

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