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7-22-24 Analyzing the Potential Impact of a Kamala Harris Presidency

Lance discusses the markets' potential reaction to Biden's exit from Presidential race, and whether markets' rotation out of mega-cap stocks is sustainable; a rewind to February market conditions compared to now: A correction is expected before the election. Commentary on keeping market corrections into context; the mega-cap rotation and fewer medium- and small-cap companies from which to choose: 40% of these are unprofitable companies. As companies complete their quarterly reports, buy back will again be enabled, and that activity will add to market volume. Lance explores the potential impact of a Kamala Harris presidency. What sectors could benefit from her leadership and policies? An overview of Harris’s potential presidency and expected policy focus areas; implications for clean energy, Student loan forgiveness initiatives, and the broader Democratic policy continuations Regional Banks are reporting this week, encumbered by collateral and commercial real estate. Company stock buy back will resume following quarterly reports. Market expectations are for three rate cuts this year; the Fed now hints at only two. Lance discusses the importance of Credit Spreads as early indicators for credit market health. VIX Behavior.

2:48 - Markets' Response to Biden Withdrawal
14:15 - Putting Market Corrections into Context
29:58 - Market Impact of Buy Back Resumption
38:44 - What Does a Kamala Harris Presidency Look Like?
43:37 - Earnings Preview; Credit Spreads as Risk Barometer

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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Articles mentioned in this report:
"Can Mega-Capitalization Stocks Continue Their Dominance?"
https://realinvestmentadvice.com/can-mega-capitalization-stocks-continue-their-dominance/
"Russell Explodes Higher As Rotation Takes Hold"
https://realinvestmentadvice.com/newsletter/
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The latest installment of our new feature, Before the Bell, "Markets Position for Correction" is here:
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Our previous show is here: "Has the Economy Put Your Retirement Plans on Hold?"
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Get more info & commentary:
https://realinvestmentadvice.com/newsletter/
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#KamalaHarris #Presidency #2024Election #CleanEnergy #StudentLoanForgiveness #SocialisticPolicies, #Democrats #MarketFutures #MarketSectors #PublicPolicies #BidenAdministration #Politicalanalysis #Government #Economy #SocialIssues #RenewableEnergy #EducationReform #PoliticalFuture #AdministrationFocus #DemocraticParty #PolicyImpact #PoliticalLeadership #USpolitics #Markets #Money #Investing
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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