Citi: The market is not most concerned about the election, and US stocks are likely to hit new highs
Citigroup analysts believe that elections often have a significant impact on market trends before voting, but traders seem to be more focused on other things this year. Analysts point out that several market indicators that typically flash before the US election are noticeably calm this year, suggesting that concerns about the election's impact on the market may be less than in previous years. They believe that traders are focused on the US economy and earnings season, not the election.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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