Us midterm elections, the Feds Outlook and the G-20
meeting. Here are three things to watch in the
markets. The U. S. Midterm elections on
november 8th could result in a big shift. Democrats
hold both the Senate and the house. But if
republicans gain control of one or both, president biden
will have a harder time carrying out his agenda.
Historically, stock markets tend to underperform before the midterms
and rebound afterwards. As investors cheer the end of
uncertainty as the Federal Reserve raises rates once again,
investors want to know when the U. S.
Central bank will start easing up on the brakes.
The latest jobs figures will provide the biggest clue recent
indicators like home prices and industrial production have signaled that
higher rates are starting to weaken the economy. If
the jobs report supports that trend, the beginning of
the end could be in sight and jay paul's quest
to fight inflation, that would be a big boom
for markets and especially tech stocks which have been pummeled
this year. The G 20 meeting in bali in
mid november is expected to be the most tense in
years, if not decades. It's the first time
Vladimir Putin, xi Jinping and joe biden will come
together since Russia launched its invasion of Ukraine. Everything
from energy supplies during the winter months to the fight
over chinese chip making will be on the agenda behind
closed doors. The simmering tensions could result in fewer
formal agreements but traders should brace for surprises as leaders
use the global stage to rattle sabers Maury and this
is market bites for more. Make sure to follow
us at quick take.