It’s Happening Again.

The podcast explores U.S. presidential elections from 1928, 1972, and 2000, all of which occurred before major market downturns, despite initial signs of economic optimism. The speaker draws parallels between those times and our current situation, noting high interest rates and an inverted yield curve, which could signal a recession regardless of the 2024 election results. While presidential policies can impact economic trends, they can't stop them. The current market rally, while impressive, may be fleeting due to underlying economic weaknesses.