
Week of July 15, 2024
History was made last Friday in Northville, Michigan when President Biden stopped in at a restaurant a few doors down from our offices for a campaign event. Then, one day later – the shot heard around the world! An assassination attempt on Trump’s life. Was this inevitable? That’s hard to say. While it is a fact of political life, events such as these can prove unnerving for capital markets as lawlessness increases investment risk. Our Signals remain unchanged.
Bob Bilkie, CFA