Fed's Bostic Says May See A Lull In Investment Activity, Household Spending Amid Election Uncertainty
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Raphael Bostic suggests potential slowdown in investment and household spending due to election uncertainty.
October 18, 2024 | 2:31 pm
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NEUTRAL IMPACT
SPY may experience volatility due to potential slowdown in investment and household spending amid election uncertainty.
SPY, as an ETF tracking the S&P 500, could be impacted by broader market volatility stemming from reduced investment and spending. However, the direct impact is uncertain, leading to a neutral score.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50