8 November 2024
Monthly Market review – Download Article
The immediate market reaction following the election result is therefore much more muted than 8 years ago, with moves mostly continuing the pattern of recent trading but volatility subdued. We would not expect the result to be a major market-moving event, and initial reaction to the moves will probably settle down quickly and markets will return to focus on the path of growth, inflation and the Fed’s rate cutting cycle, with the added twist of uncertainty ahead of Trump’s inauguration.
