PANews reported on October 28 that according to Bitcoin.com, Morgan Stanley analysts Monica Guerra and Daniel Kohen analyzed the potential impact of the 2024 US presidential election on the market in a recent report, pointing out that economic signals are mixed and investor uncertainty is increasing. They explained that consumer sentiment fluctuations and continued high prices are affecting voters' views, while traditional market indicators do not give a clear prediction of the election results; while political results and corresponding policy changes may affect corporate profitability, business and economic cycles may be more relevant to market performance.
They advise investors to focus on long-term strategies rather than reacting to election-driven market changes. Analysts warn that delayed election results could lead to increased volatility. With polls in key swing states tight and mail-in ballots being counted at an uncertain time, final results could take days or even weeks to be known, potentially triggering major market turmoil.
