We all know that 2024 is a major general election year. I was taking to a friend and he was saying that even though the government has no control over the federal reserve’s actions (in theory), the democrats will do everything in their power to ensure that no severe recession hits until after AFTER the election season in the fall of next year.
If a severe recession hits before the votes are cast then it would surely mean a republican victory since the economy is the biggest factor in election outcomes historically
He said not to worry about my stock picks and my stock portfolio would be fine since the democrats will not let the full force of the recession hit us until after November 2024
I know this is probably a stupid take but he has some good points.
Should I just buy the dip until then?
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