Will the US Economy Survive the Election?

Will the US economy survive the November election? The US economy and the US stock market are diverging. The economy is slowing while the stock market is on fire. The Sahm Rule recession indicator is flashing yellow. Softing US labor market, declining consumer confidence 2024, weakening retail sales and disappointing restaurant industry trends are signaling a cautious outlook as we heads of the US election 2024. So far corporate profit margins have held up, As corporate earnings forecasts project optimism, driven largely by the Magnificent 7 companies. As the Q2 earnings season kick off, the question is whether other US companies will start to benefit from generative AI. Russell 2000 has massively underperformed large caps. The impact of Federal Reserve actions and the yield curve recession signal add further complexity to the economic landscape. For investors, identifying the best convergence trades in 2024 amid political uncertainty and mixed signals from global macro hedge funds presents a formidable challenge. Moreover, economic recovery drivers such as labor productivity growth and strategic plays in Sep VIX futures are crucial for navigating this turbulent environment, especially in an election year stock market. Understanding these dynamics is essential for making informed investment decisions. Is it sustainable? What is driving this divergence and what could trigger the next recession. What are the best convergence trades right now? #USEconomy2024 #StockMarketTrends #RecessionWatch. David Woo, a former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew. Chapters: 0:00 Intro 0:42 Heading Towards a Recession? 2:00 What Did Everyone Miss? 2:55 What Are The Signs? 5:07 Another Sign of Recession? 7:26 Just Ask Generative AI 9:06 My Predictions Subscribe: Useful links: • LinkedIn: • Twitter: • Instagram: • Spotify: • Wikipedia: . RIWI-Unbound: