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Possibility of Democratic Party Congressional Control and Historical S&P 500 Trends

The Motley Fool +1 · ·by G4L

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  1. 1UBS presented a 50% probability of the Democratic Party controlling both chambers.
  2. 2Prediction markets showed a 94% probability of Democratic House control and a 77% probability of Senate control.
  3. 3Since 1950, the S&P 500 benchmark has seen a 100% increase rate when a single party lost both chambers.

So what's the key point?

The probability of the Democratic Party taking control of both chambers of Congress is around half. In the past, the S&P 500 index rose every time a single party lost control of both chambers.

Source The Motley Fool +1 · View original ↗

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