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Market Dynamics Before the Election
This chapter examines the financial markets in the lead-up to the elections, analyzing trends in stocks, cryptocurrencies, and consumer spending. It highlights the resilience in the job market despite rising delinquencies among low-income consumers and the implications of fluctuating bond yields. The discussion also delves into the rise of risky assets, particularly meme coins, and the caution needed when investing in speculative cryptocurrencies.