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With July being a pivotal month for the US market, investment professional Linda Eedes discuss the impacts of Joe Biden withdrawing from the presidential race and how the tech stocks have stumbled as a result. With the feds hinting at future rate cuts, she further analysed the market and the potential vulnerabilities that it might face.
(00:07) - Overview of the markets
(00:30) - Biden’s withdrawal & US market impact
(2:30) - Market performance & sector shifts
(05:30) Investment strategy & conclusion
By Foord Asset ManagementWith July being a pivotal month for the US market, investment professional Linda Eedes discuss the impacts of Joe Biden withdrawing from the presidential race and how the tech stocks have stumbled as a result. With the feds hinting at future rate cuts, she further analysed the market and the potential vulnerabilities that it might face.
(00:07) - Overview of the markets
(00:30) - Biden’s withdrawal & US market impact
(2:30) - Market performance & sector shifts
(05:30) Investment strategy & conclusion