Analysts at Quilter Investors noted that after Biden expressed support for Harris, the probability of Trump's re-election has diminished, potentially leading to market volatility over the next four months. However, she warned investors that the market's attention is gradually shifting towards monetary policy developments, particularly the Federal Reserve's rate cut decisions. As the likelihood of Trump's victory increases, small-cap stocks have rallied due to concerns about potential import tariffs. Overall, investors should continue to monitor economic data and interest rate dynamics rather than solely focusing on election outcomes.