The next two months could be bad for the stock markets; here's why
US stock markets are facing a major fix because of a multitude of reasons, and the US Elections 2024 is one of the main reasons for the same, with the heated contest between Donald Trump and Kamala Harris laying a significant impact on various stock market trades over the course of the past few days. Meanwhile, it is being predicted that the stock markets could face a real trying time in the next two months, mostly because of some market factors like an impending recession.
Summer over, trouble to begin for US stock markets
The summer being officially over now, with the advent of September, things are taking a wild turn around the US stock markets, with semiconductors being one of the primary concern for the market trades, and the latest jobs report that was released this Friday, doing very little to appease US investors who are in panic around impending recession fears.
Even though investors usually have a knack for going after tech stocks during times of crisis, this time things are looking completely different, with US-based investors moving away from Nvidia, which has already seen half a trillion dollar of its market capitalization being wiped off from the markets.
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Uncertainty around US Presidential Elections 2024 creating more havoc
The market and its investors definitely do not have any inclination for geopolitical uncertainty, which is becoming increasingly evident due to the heated US polls 2024 battle between the
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