NOVEMBER 10, 2024 OBSERVATIONS
As expected, a republican sweep is leading to strong outperformance in risk markets. The S&P 500 rose 2.49%, the QQQ rose 2.72%, and the IWM rose an astounding 5.79% the day after the election.
As expected, a republican sweep is leading to strong outperformance in risk markets. The S&P 500 rose 2.49%, the QQQ rose 2.72%, and the IWM rose an astounding 5.79% the day after the election.