Mechanism: Market Volatility to Intensify Ahead of Fed Meeting Next Week and US Election

Article is form followin
September 12, 2024
This article is translated by ChatGPT Show original
Back Icon Image

Lewis Grant, senior portfolio manager for global equities at Federated Hermes, said that financial markets may continue to be volatile as the US election approaches due to uncertainty over the outcome. He stated that the first presidential debate between Democratic nominee Harris and Republican nominee Trump offered little in terms of substantive policy explanations. "Uncertainty around which candidate's economic agenda will prevail – or even what those agendas are – will influence market sentiment." Federated Hermes expects market volatility to intensify in the lead up to next week's Fed meeting and the US election. "In the near term, the market will be quick to react to developments in the US election and the macro outlook." (Gold Ten)

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.