Will the Midterm Elections Move Markets?
The midterm elections have come and gone, and although the results don’t appear as one-sided as many predicted, it seems one party will narrowly take control of the House, while the Senate is now controlled by the Democrats.
It’s uncertain whether the early results will influence the stock market, especially since the final results in many races are still being tabulated. Interestingly, in 17 of the 19 midterms since 1946, markets performed better in the six months following an election than they did in the six months leading up to it. Past performance does not guarantee future results.1
The truth is, it’s too soon to tell how the midterm results will impact investors. Over the coming months, Congress will pick up several key issues that may influence the markets, such as the debt ceiling for example.
Critical events like the midterm elections are just one of the many major occurrences we anticipate and consider when building your portfolio. If you have any questions about current or future market conditions, don’t hesitate to ask! We’re always happy to help.
is now controlled by the Democrats
1. Investorplace.com, 2022. Stocks are measured by the Standard & Poor’s 500 Composite Index, which is an unmanaged index that is considered representative of the overall U.S. stock market. Index performance is not indicative of the past performance of a particular investment. Individuals cannot invest directly in an index. The return and principal value of stock prices will fluctuate as market conditions change. And shares, when sold, may be worth more or less than their original cost.
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2022 FMG Suite.
Dr. Jason Van Duyn
586-731-6020
AQuest Wealth Strategies
President
Dr. Jason Van Duyn CFP®, ChFC, CLU, MBA is a Registered Representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA & SIPC. The LPL Financial registered representative associated with this site may only discuss and/or transact securities business with residents of the following states: IN, IL, TX, MI, NC, AZ, VA, FL, OH and CO.