Market Dynamics and Fiscal Policy Ahead of Elections

A stronger dollar is one of the few obstacles threatening to hamper the stock market boom which has lifted US stocks to a series of records, according to Morgan Stanley’s Mike Wilson.   
The S&P 500 index recorded its 46th all-time closing high of 2024 on Monday as investors gear up for the latest round of corporate earnings. The benchmark ticked up again at the US market open.
“One of the things that could slow down the rally again would be a strengthening dollar,” the bank’s chief US equity strategist said Tuesday in an interview with Bloomberg Radio.

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