) went through a bit of a rollercoaster this week, with a large sell-off on Monday and a bit of a recovery on Thursday. Is there more volatility ahead or was this just a fluke?
So listen, when I look at what's going on in the markets here with Josh, it's looking like did this all matter was this much ado about nothing over the past seven days here? And so, you know, collectively, uh, I think we're ending kind of where we're beginning, which is to say the economy continues to look like it's in pretty good shape.
So, um no, I'm assured by the fact that the Federal Reserve One didn't act by adjusting rate policy or two have to come out and make some commentary relative to the activity. Uh The presidential cycle analog suggests that we continue to see some weakness here leading up to the election.Noting that the economy is beginning to moderate, the job market is cooling.
So, I mean, certainly we've seen a lot of positioning and posturing with regard to sectors that might outperform or underperform relative to who the candidate might be.Not only depends on who's occupying the White House, but the composition of Congress and as well, the economic backdrop that persist at the moment that a change over in the administration takes place.
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