U.S. Midterm Elections and Potential Market Volatility
- 1Ten days before the midterm elections, the probability of the Democratic Party controlling both chambers is 66%.
- 2In mid-August, the total U.S. national debt exceeded $40 trillion.
- 3The average annual return of the S&P 500 under a Republican president with a divided Congress is 7.33%.
So what's the key point?
There is a high possibility that the Democratic Party will take control of both houses of Congress in the U.S. midterm elections. When Congress is divided under a Republican president, the average return was 7.33%.
Source The Motley Fool +1 · View original ↗
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