Stocks Face Choppy Waters Ahead of Pivotal 2024 Election
• Election years usually have a choppy stock market in the first quarter, but history shows stocks tend to rise March-August and November-December
• Mark Newton believes this year's largest correction may happen February-March with a bounce in rates, and August-November
• After a 9-week rally, stocks snapped back in early 2024, though have recovered some recent losses
• While election years bring uncertainty, they tend to be good for stocks, especially in the second half with a post-election relief rally
• The 2024 election could be a watershed moment with major influence on global economy and markets