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Facts vs Feelings with Ryan Detrick & Sonu Varghese
Is This Really Happening? (Ep. 94)
Jul 24, 2024
Ryan Detrick & Sonu Varghese discuss travel chaos, market trends, and historical parallels. They touch on IT outages, inflation data, bullish market indicators, and the impact of Biden stepping down from elections. Topics include economic vulnerabilities, PCE inflation data, consumer and industrial strength, and significant rallies in the Russell 2000 and S&P 500.
45:39
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Quick takeaways
- Ongoing airline IT disruptions unveil systemic vulnerabilities impacting travel experience and technology reliance.
- Historical election patterns from 1968 provide insights into market reactions and dynamics post-2024 elections.
Deep dives
The Impact of the 2024 Election on Markets and Economy
Advisors and clients need to be informed about the potential effects of the upcoming 2024 election on markets and the economy. Historical market trends after elections and the expectations from the markets are key points to consider.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode