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After a strong start to the year, equity markets have experienced a bit of a turn in momentum recently. The question heard most often now is: Has the U.S. economy entered a self-sustaining recovery, which would support an ongoing equity market rise?
In an environment of high unemployment, slow economic growth and record fiscal deficits, the outcome of November’s U.S. elections could have significant economic and market implications. Ivy Funds Global Economist Derek Hamilton says the elections may be among the most important in recent history.
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