FourStar Wealth Advisors LLC’s Post

An historical achievement for america the growth of 2.8% GDP. do you think that this may not be enough to reconfirm the current administration that has done well in terms of economic support to the growth? At this point one's own idea of America will be more important in voting for the president instead of the real numbers? are these just ideological elections?

This was a very interesting analysis and a helpful guide to the numbers: https://lnkd.in/e75JMy4w #economy #election #americanelection #wages #jobgrowth #inflation #biden #trump #2024

Will U.S. economic and market strength continue? In our latest commentary, we walk you through this environment's mixed bag of signals and how to think about the market and your portfolio through the lens of the upcoming election. #economy #marketoutlook #investment #portfoliomanagement #election

Here is the he BBC analysis on the US economy as we approach the presidential election👇

With less than three weeks until the U.S. presidential election, millions of Americans say the economy is a top issue as they decide how to cast their vote. It is an understandable focus after the rollercoaster of the past four years, which included everything from a bear market to the hottest inflation since the 1980s. But with the chaos of the pandemic behind us and inflation edging close to its pre-2020 levels, the U.S. economy is ripe for a fresh assessment of its strengths and weaknesses, along with whether the Biden administration's economic policies have paid off. By many measures, the U.S. economy has regained its footing, emerging from the health crisis with the type of growth that it experienced prior to 2020. Gross domestic product is growing solidly, while unemployment and the labor market have also rebalanced, remaining close to their pre-pandemic levels. Critically, inflation has dropped to a three-year low and is approaching the Federal Reserve's annual target of 2%. To the surprise of many forecasters, that rebound occurred even as the Fed boosted interest rates to a 23-year high in an effort to cool inflation. Historically, such rate hikes have often led to recessions. But so far, the U.S. has avoided a downturn, and instead appears heading for a "soft landing," or when the economy continues to grow and the job market remains strong despite the headwinds of higher rates. "In the 35 years I've been an economist, I've rarely seen an economy performing as well as it is," Mark Zandi, chief economist of Moody's Analytics who has previously advised presidential candidates from both parties, told CBS MoneyWatch. "I'd give it an A+." Like Zandi, many other experts are giving the economy strong marks. The U.S. economy is "hot, hot, hot," noted Yardeni Research in an October 17 report. The job market is "resilient" and "there is no quit in the U.S. consumer," analysts at Oxford Economics told investors this week. Yet many Americans might scoff at such bullish assessments: 6 in 10 now describe the U.S. economy as either "fairly bad" or "very bad," according to CBS News polling. That's not lost on Zandi and other economists. "The difference between the happy talk of economists and what people say has never been this wide," he noted. Only 1 in 10 Americans rate the economy as "very good," according to CB News poll of registered voters taken between October 8-11. Meanwhile, about 52% of Americans say they and their family are worse off today than they were four years ago, Gallup found in a new poll. "Despite recent economic data suggesting the labor market, consumer spending and the overall economy are proving to be very resilient and strong, consumers' sentiment about economic conditions and future prospects remain downbeat," Kathy Bostjancic, chief economist at Nationwide, told CBS MoneyWatch. 

🚀 Intentional Manager Notes: US Elections 2024 As we approach the 2024 U.S. election, this note explores how interest rates, consumer sentiment, and GDP growth – not political swings – drive the market. While elections may create temporary market noise, history shows us that long-term market trends are shaped more by economic fundamentals than election outcomes. 📈 Read more to see how we’re keeping our focus on long-term fundamentals and investing in high-quality firms that are addressing pressing real-world challenges here: https://lnkd.in/d3XnFcQ6 #Markets #SDG #Election2024 #EconomicInsights

How is the economy going to affect the upcoming US election? No one knows, but it's interesting to note that almost all the battleground states saw faster real GDP growth in Q2 than the country. Check this out: WI: +4.2% MI: +4.2% GA: +3.5% PA: +3.2% AZ: +3.1% USA: +3% Generally, we think this helps the Democrats as the incumbent party, though there are good reasons for caution: --Perceptions of economic growth are uneven, and even though these numbers are adjusted for inflation, they don't capture other negative impacts inflation may have on the median voter --The economy may matter less in elections these days, if other societal issues loom large --It's not clear whether/when local conditions matter more to voters than national conditions. Nevertheless, if you had to guess, you'd probably guess these numbers are good for Kamala Harris. #2024 #Election

Interesting look at other factors that have more impact than the president in office.

"It's the economy, stupid". This phrase, famously uttered by James Carville, Bill Clinton’s 1992 campaign strategist, seems to be carrying less weight in the current presidential race. As we approach the November election, economic indicators are generally encouraging: GDP growth remains firmly positive, employment figures are strong, and the inflation surge that followed the covid shutdown has largely been tamed. The political landscape is deeply polarized, however, shaping how voters perceive the state of the economy. This raises an important question: will the economy influence voters as decisively as it once did? For more insights, read our October report. #dixonmitchell #dixonmitchellinsights #economy #election #investments #inflation #investors #assetmanagement #markets

🇺🇸 As we approach the 2024 US election, the race between Trump and Harris could shape the future of US economic policy. 📊 With inflation cooling and interest rates set to drop, what does the outlook hold for businesses? Get insights into the expected GDP growth, unemployment trends, and key factors that will influence your economic strategy for 2025 and beyond ▶️ https://bit.ly/408pWiM #uspolitics #election2024 #useconomy #stockmarket