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Uncategorized, Weekly Update

Stocks React to Election Results and a Split Congress


Published November 9, 2018

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It was no surprise that stocks rallied this week once the midterm elections had passed. Just as in 2016, and before most elections, investors become cautious ahead of elections. They usually breathe a sigh of relief afterwards. Stocks have gone higher after EVERY midterm election over the past almost 70 years, on an annual basis. With this election producing a split in Congress, is that bullish or bearish for stocks? The following research provides some data on that question: (more…)