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The Market in Five Charts: November 2024

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Pitcairn Insights

November 25, 2024

Markets like certainty and a definitive victory for one side in the US presidential election gave investors a sign of relief. Chief Global Strategist Rick Pitcairn says in the latest Market in 5 Charts that the bullish sentiment post-election is partly because of the outcome and business fundamentals. Optimism driven by corporate earnings and sector trends, particularly the rise of crypto assets like Bitcoin, have countered declines in gold and specific sectors like pharma. But as Rick notes, “there’s a lot of inflationary pressures coming out of potential Trump policies, and the market’s watching that.”

 

*Please Note: Limitations. Different types of investments involve varying degrees of risk.  Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Pitcairn) will be profitable, equal any historical performance level(s), or prove successful.

 

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