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Portfolio manager: Biden's withdrawal is good for the market

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2024-07-21 22:17:32
Jack Mcintyre, global fixed income portfolio manager at Brandywine Global Investment Management, said that overall, Biden's withdrawal is at least temporarily good for the market, which could be good for the bond market, especially considering that we are in the business cycle and more importantly, we are in the phase of economic growth and inflation. I suspect that if the situation eventually leads us to a divided government, that will be good for the market.
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