It’s hard to believe that 2024 is already halfway over. It’s also hard to believe that the events of this year have just begun. With a contentious and widely discussed election happening in just a few months, let’s have a look at where markets stand today.
The first half of 2024 was the best first six months of an election year since the S&P 500’s 1950 inception. Keep in mind that there are only nineteen data points, but it is interesting, nonetheless. Given all the negative news out there, one would probably expect that the markets would be doing much worse.
But are the markets really doing all that well?
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