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- 📊2024 Presidential Election is Officially Underway!
📊2024 Presidential Election is Officially Underway!
Issue #5 TIA Market Forecast
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This Week’s Market Forecast… 📊
Last week was one of the most eventful weeks of the year. We got earnings reports from 5 of the largest companies in the world, and also got economic data regarding the labor market, GDP, and inflation.
Earning’s so far have been strong and have shown that the US consumer is still resilient. This week we will get a good another bout of earnings, but investors attention is on two things, the US Presidential Election and the Federal Reserve meeting.
The Federal Reserve has their policy meeting on Wednesday and Thursday where investors are gauging how much they will cut interest rates. Recently economic data has come in hot and has caused some people to question whether the Fed will cut rates or not. I believe that they will cut rates and will cut by 25 BPS.
The main event of the week is the US Presidential Election. I have spoken to quite a few people about the election and how it may impact the markets.
Throughout history, no matter who wins the election, the market does well. If you invest today, the day before the 2024 election, and come back in 10 or 20 years, you are almost certain to have made a good amount of money.
There are always reasons to panic and not be invested, but these are short term panics, and the smart thing to do is to stay invested. As we head into one of the biggest time periods in years there are going to be many negative narratives to look at and follow.
You cannot control what will happen, but you can control how you react. My one piece of advice is to find the positives and be optimistic!!
🚨Top Stocks on our Radar…

$SBUX Starbucks Coffee
Last week Starbucks CEO Brian Niccol announces some new changes that will be coming to Starbucks in November. They have set a goal to get drinks out in under 4 minutes. They are eliminating the extra charge for premium milks like almond and oat, and they are also adding a coffee condiment bar for people who get black coffee.
Tune in every Monday and Friday for in-depth Market Analysis, Recaps, and a featured Stock & ETF.
Thanks for reading and have a great week!
-Ryan
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