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Forget the election, stocks face this crucial test right now, analyst says

MarketWatch - Investors may be sweating the November presidential election, but the stock market’s true test is likely to come in the current quarter, says one Wall Street bull.

“Traditionally, you’ll see the market price in the outcome of an election about six weeks prior to that election,” Jeffrey Schulze, investment strategist at ClearBridge Investments, a money manager with around $147 billion in assets under management, told MarketWatch in an interview on Monday. “Leading up to that election, [the market] is really going to focus on the economy — is that economy healthy or slowing down or in a recession.”

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