Money Life With Chuck Jaffe Daily Podcast

Election year effects will stave off recession until 2025

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Synopsis

Jeffrey Hirsch, editor of the Stock Trader's Almanac, says that the stock market is right on track with expected calendar effects, which he sees as continuing through a Santa Claus rally and a positive January Barometer -- which portends a good year ahead for 2024. Further, citing the history of election-year market patterns, Hirsch says he expects the market to stay strong during 2024, holding off a recession and a bear market until 2025. That would be in keeping with classic election-cycle patterns. Also on the show, Tom Lydon, vice chairman at VettaFi, looks toward international small caps -- an area that has recovered to where the trend is turning positive -- for his ETF of the Week, and Adam Rozencwajg of Goehring and Rozencwajg talks natural resources and commodities investing in an extended Big Interview.