Midterm Election Mind-Reading: The Market Tends to WinBreaking News
tags: stock market, Midterm Election
Will the Republicans win control of Congress? With summer drawing to a close, the midterm election is just two months away and this question is likely to be analyzed and debated with increasing urgency.
But for the stock market, the answer may not matter at all: The market has a tendency to rally no matter which party wins a midterm election. That’s what the historical record suggests, anyway.
In fact, from the standpoint of stock market history, political outcomes aren’t very relevant, but the calendar is. September is typically a difficult and volatile month for stocks, while in a midterm election year the clouds over Wall Street have tended to lift in October. Regardless of which side has won in a November midterm election, the market has generally prospered for the rest of the year. And it has often excelled in the next calendar year, typically the most propitious year for stocks in what is often called the four-year presidential cycle.
comments powered by Disqus
- Hillary Clinton’s 3 debate performances left the Trump campaign in ruins
- Now Austria Says It Will Likely Redesign Hitler's House, Not Tear It Down
- Some looted Idlib National Museum artifacts resurface, fate of others a mystery amidst ‘thriving black market trade’
- Is the Consumer Financial Protection Bureau constitutional?
- Poll: Millennials desperately need to bone up on the history of communism
- Does the 'Father' of the 1948 Ethnic Cleansing Narrative Really Want to Recant His Words?
- Max Boot wants to know “what the hell happened to my Republican Party?"
- Conservative historians against Trump sign a petition warning he'd be dangerous
- Benjamin H. Irvin Named OAH Executive Editor
- Historian Diana Ramey Berry praises effort to return the skull of Nat Turner to his family