Pubs do well in mid terms, will the stock market jump? Gridlock may portend well and history is on the side of some good times. Anyone getting in there before the ballots are cast? Since 1950, there have been 18 midterm election cycles, and in the twelve months following each of those cycles, the stock market has had positive returns. The Stock Market Has Risen After Every Midterm Election Since 1950
the ans to the first Q depends on the mkts expectations. If it already expects pubs to "win" then that should already be priced in. them winning is not news.
We just ended a nice bear market bounce. I expect the election will happen just as we start retest the lows. We’ll be in a trading range for at least the next 4-6 months
Hard to predict elections though. Polls are tight in a couple places. Looks like market could rally next week and maybe for a little while.
if there is a little bounce after the election, it would probably be due to the resolution of uncertainty. I'll bet $100 that the dow is lower next Fri than 32,086*. I got venmo. Let me know. * this offer expires at mkt close today
It's all about the fed now. The fed has openly said they want to kill the job market and housing market, that's a pretty big blow to the economy ... and if they really want to, they will. There is an old saying, "don't fight the fed"...
Not afraid of the wager. But OP said the next 12 months the market goes up after every midterm since 1950. So maybe next Friday too soon to call it?
Only guarantee is it will go down 10-15% should the Dems somehow hold the House and gain control of the Senate.
You can throw a dart at any date and the market is likely to be up 12 months later. It's kinda what the market does. D prez and R congress does tend to get the best market results, but people keep trying to wish away the effects of a global pandemic and European war.
yeah, no way I'd ever bet against the mkt over a 12 month period....unless I got really, really good odds.
Regardless of the election results I think that the market has seen its bottom (using the Dow as an indicator, 28,725 on September 30). It's currently around 32,000, down the last couple of days. The market tends to look to the future and I think it sees a relatively soft landing, one more much smaller interest rate hike by the Fed and maybe a minor recession early next year followed by a return to growth with much lower inflation.
all I know is I've lost every penny I made on Amazon since early 2020. 2.5 years' worth of no growth, should I add or is it catching a falling knife at this point? I've gotten crushed by Boeing (priced like 2017) and Amazon. Buffett says buy stocks in companies with high barrier to entry costs. Railroads have done me good but Boeing and Amazon, not so much, same for Rio.
People that disagree with the 10-15% down draft should the Dems control both chambers obviously don’t work in finance lol
What we have now isn't gridlock? How many signature bills has the Senate passed since 1/1/21, one? It's funny how everyone who blames Biden solely for the economy forgets the Dow was right at 37,000 in January 2022. Did we have a different President earlier this year?
Screw the market I'm putting my cash into Powerball Saturday. LOL just kidding but I think I will buy a couple of tickets this week. If I win the 1.5 Billion I know who my friends are.
