According to PANews, Morgan Stanley analysts Monica Guerra and Daniel Kohen have examined the potential market impact of the 2024 US presidential election in a recent report. They highlighted mixed economic signals and increased investor uncertainty. The analysts noted that fluctuating consumer sentiment and persistently high prices are influencing voter perspectives, while traditional market indicators have not provided clear predictions regarding the election outcome. Although political results and subsequent policy changes could affect corporate profitability, the correlation between business and economic cycles and market performance might be more significant.
They advised investors to focus on long-term strategies rather than reacting to election-driven market changes. The analysts warned that delayed election results could lead to increased volatility. Given the tight polling results in key swing states and the uncertain timeline for counting mail-in ballots, the final outcome may take days or even weeks to be determined, potentially causing significant market turbulence.
