While the uncertainty around the U.S. elections have caused anxiety for investors, you aren’t really seeing that in the favorable economic data released last week. “Investors seem to be taking their cue from incredibly strong macro numbers,” said Eric Lynch, managing director at Scharf Investments, during an appearance on October 30, 2024 on CNBC. “The consumer is really driving this.”

Go to Video

https://www.cnbc.com/video/2024/11/04/scharf-investments-us-economy-much-stronger-than-we-all-thought.html