As August ushers in a potential rally for stocks amid the election-year buzz, Wall Street braces for what could be a significant shift in the market landscape. With historical data pointing to a strong performance in August for various indices, investors are cautiously optimistic yet mindful of the ongoing rotation within the market. While election years typically have bullish trends, the unique circumstances of 2024 may lead to some mean reversion as the market navigates through this uncertain period. As we head into the third quarter, volatility may increase, as reflected by past spikes in the Vix index during this time. As the market navigates these waters, investors are advised to stay vigilant and adaptable to the changing landscape of the stock market.
https://www.marketwatch.com/story/what-an-august-election-year-rally-for-stocks-could-mean-for-wall-streets-great-rotation-854fea9d
