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Historical Stock Market Patterns Following Midterm Elections and Corporate Earnings Growth Outlook

Yahoo Finance ·

  1. 1Keith Runner, Chief Strategist at Truist, noted that stock returns have been positive in every year following a midterm election since 1946.
  2. 2The projected year-over-year earnings growth rate for the recently completed third quarter of the S&P 500 is 29.5%.
  3. 3Morgan Stanley's strategy team stated that seasonality will turn in a supportive direction starting in October.

So what's the key point?

Records show that stock returns have been positive in the year following midterm elections. The projected earnings growth rate for this third quarter is 29.5%.

Source Yahoo Finance · View original ↗

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