As the US is in an election year, financial markets are bracing for potential volatility. The recent presidential debate between Biden and Trump has heightened the focus on the political landscape and its impact on economic conditions.Maybe the upcoming volatility that we could see at the market is our very own Josh Shaffer and Josh.But you've got a chart of the day for us here.
So you usually see a volatility spike in October leading into the election and that it volatility sort of dies down after the actual president is elected in that first week of November. It's likely to not impact the market, really, for a while leading into this election until you really get some uncertainty.
And that's perhaps where it gets back into the thesis of what you were mentioning within this particular note, too. Less than five months before Americans cast their ballot for former President Donald Trump or incumbent President Joe Biden, the candidates took part in the first of two presidential debates. CNN’s Jake Tapper and Dana Bash moderated Thursday’s audience-free spectacle, which was simulcast on all major news networks. The first presidential debate of the 2024 …Biden seemed out of breath, hastily reciting facts while slurring and omitting words. At times, the president uttered nonsensical phrases.