This Should be the Most Important Week for the Markets Over the Rest of 2024

Did the stock market pull forward its usual election year-end rally this time around?

• Will the change in expectations about how aggressive the Fed is going to be in cutting rates prevent the kind of year-end rally we usually get in Presidential election years?

• Short-term interest rates & long-term bond yields will continue to be a focus this week, but the earnings out of Nvidia will be extremely important.  In fact, these two issues could/should make this week the most important one for the rest of this year.

• Can the retailers finally breakout of the sideways range they’ve been in for most of the year?