US economy showed strength in Q2; GDP rises 2.8%

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Go back to US economy showed strength in Q2; GDP rises 2.8%

Wells Fargo urges investors to 'position for the economy, not the election'

July 25, 2024 1:18 PM EDT

In their latest note, Wells Fargo analysts emphasized the importance of focusing on the economy rather than the volatile political landscape as the November elections approach.

Despite the recent dramatic political events, including a former president narrowly escaping an assassination attempt and the current president deciding not to seek re-election, Wells Fargo maintains that the primary concern for investors should be the economic outlook.

The analysts state, "We are focused on the economy and where it is likely... More