Save the date: Payouts go out on Thursday

Wall Street Shrugs Off Election Jitters as Markets Reach Record Highs [StreetAuthority]    [calendar]( [Save the date: Payouts go out on Thursday]( If you’ve got plans on Thursday morning… then you may want to reschedule. That’s because renowned trader Jim Fink is sending out a simple 10-minute trade that could help put the first $1,692.50 payment in your pocket - instantly. It’s NOT about stocks… bonds… or any other slow “buy & hold” strategy… It’s simply the easiest way to collect extra income every single week. [Click here to find out more now.](   Wall Street Shrugs Off Election Jitters as Markets Reach Record Highs By John Persinos  Maybe you’re biting your nails about the November 5 election. Wall Street isn’t. So far, market reactions to election-related drama have been minimal. Remember, there’s only one political party in America: the capitalist party. And right now, capitalism is doing just fine, thank you. Last week, stocks reached new all-time highs, driven by optimism surrounding the Federal Reserve’s recent interest rate cut as well as monetary loosening by central banks around the world. Continued enthusiasm for artificial intelligence (AI), expanding breadth in market leadership, and robust corporate earnings growth are additional factors fueling the rally. That said, I anticipate more volatility as election day nears and attention intensifies on policy proposals and the differences between candidates. Historically, volatility tends to rise in the lead-up to elections but often dissipates quickly, as investors refocus on key economic and market trends. Bullish conditions should remain steady regardless of who occupies the White House. Of course, the contrasts this year between the Democratic and Republican candidates are stark. Bur for investors, the larger takeaway is that markets have historically thrived under both political parties, a trend that’s unlikely to change. No matter who wins the White House, the odds are we’ll get divided government in Congress. A divided Congress acts as a safeguard against extreme policy shifts, allowing markets to continue benefiting from prolonged economic growth and rising corporate earnings, both of which have been consistent drivers of market performance. Wall Street typically prefers divided government. When power is split between different parties, it becomes harder to pass aggressive policies, whether they involve major tax changes, regulatory overhauls, or shifts in government spending. This political balance tends to result in more moderate policies, which fosters a sense of stability and predictability in the business environment. One potential risk is the possibility of a contested election, but measures have been put in place by Congress to mitigate the potential of another January 6 insurgency. As we approach this year’s election, the market has remained strong. Stocks posted gains for the sixth week out of the last seven, with the S&P 500 up by 11% since early August alone (see chart). This doesn’t mean markets are indifferent to political winds, but they are more focused on Fed policy, where there’s been more clarity recently. What’s more, corporate earnings are accelerating, supporting higher valuations and stock prices, while broadening the scope of the current bull market. [Read More...](   [guy at computer]( [This “too good to be true” opportunity… isn’t?]( Quick question… What would you do with [a double-digit raise?]( Follow up … If you could give yourself that raise, not just once... but every year… without any extra work on your part. Would you? Imagine… [A double-digit pay raise on YOUR terms.]( Sound too good to be true? It’s not only possible… it’s already a regular occurrence for some income investors. And today I’d like to invite you to join them… [Get the full details here.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.