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Amid the chaos in the world, the U.S. remains an economic oasis. The U.S. remains food- and energy-independent, which other countries cannot claim.
With the election results so clear, I am anticipating a strong year-end rally, fueled by an early “January effect” as well as optimism for the new year.
Americans are deliriously happy the election is almost over. As the market loves certainty, let’s hope for a clear and certain outcome in the election results.
Reports show little correlation between market performance and which party controls the White House.
I am expecting upbeat guidance from Jamie Dimon and other banking leaders.
Most major stock market indexes rose 4% or more last week, and I expect this robust rebound will continue this week since the market remains grossly oversold.
