Good Start for the Rotation Trade, Clogs in the Pipes, Election Muscle Memory

Update: 2024-10-21

Description

Three big things you need to know today: First, the early earnings stats are mixed for the broader market but promising for the rotation trade. Second, company commentary continues to suggest the plumbing of the economy is in good shape, with a few clogs. Third, our examination of index, sector and industry performance and trends in polling and betting market averages suggest to us that several traditional Trump trades (specifically, Small Caps, Energy, Financials) have remained intact.

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Good Start for the Rotation Trade, Clogs in the Pipes, Election Muscle Memory

#box-pro-ellipsis-173178964307697{-webkit-line-clamp:2;}Good Start for the Rotation Trade, Clogs in the Pipes, Election Muscle Memory

Good Start for the Rotation Trade, Clogs in the Pipes, Election Muscle Memory

RBC Capital Markets

Good Start for the Rotation Trade, Clogs in the Pipes, Election Muscle Memory