Punk Rock WeeklyFri October 11, 2024Strong US Economy Gives the Equity Market Good Footing Into HolidaysMarkets hit new all-time highs despite a hot CPI report and rising jobless claims. The Volatility Index remains elevated but is expected to drop post-election. Strong economic fundamentals, a resilient labor market, and solid earnings point to continued bullish momentum. With the holiday season approaching, investors should prepare for more market strength, looking beyond short-term geopolitical concerns.