Foord Asset Management

A Global Overview of Market Movements for July 2024


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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

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Foord Asset ManagementBy Foord Asset Management