September 13, 2024
U.S. 2024 Election: Economic and Financial Implications
Elections matter for the economy, but financial markets are likely to be particularly attuned to the current election cycle given America’s unsustainable fiscal trajectory. The make-up of Congress will determine how much of the future President’s agenda can be implemented. A divided Congress will likely force the next President to make significant concessions relative to their current platform proposals.
September 10, 2024
U.S. NFIB Small Business Optimism Index (August 2024)
Small business confidence retreated in August, fully erasing the improvement made in the month prior. The decline reflected a worsening in earning trends, along with a deterioration in expectations for future sales and business conditions.