S&P 500 Returns and Investment Strategies Following Midterm Elections
- 1The Democratic Party will take control of Congress from the Republican Party starting in January.
- 2Since 1980, the S&P 500 index has achieved a 100% rate of positive total returns in the 12 months following midterm elections.
- 3Since 1980, the S&P 500 index has recorded an average return of 13.7% in the 12 months following midterm elections.
So what's the key point?
The Democratic Party has gained control of Congress. Looking at past cases, the average return of the S&P 500 index was 13.7% during the 12 months following midterm elections.
Source The Motley Fool +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.