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Bloomberg Wall Street Week - August 9th, 2024

Wall Street Week

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Embrace Uncertainty Amidst Volatility

Market volatility remains a significant concern due to political events such as elections, which introduce uncertainties about tax policies and tariffs. Investors are particularly focused on outcomes that favor lower taxes and prevent increasing tariffs. This ongoing uncertainty is expected to keep markets in a state of volatility for the foreseeable future, notwithstanding the relatively strong performance of the U.S. economy.

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