$BTC
🇺🇸 STOCK MARKET could RALLY if Democrats take Congress
Trump could lose GOP control of both the House and Senate in tomorrow’s midterms, with Decision Desk HQ putting the odds at 63%.
History suggests Wall Street might welcome the result.
The S&P 500 has gained in the year following each of 7 selected midterms under GOP presidents since 1954, including elections when Dems. controlled Congress.
Investors sometimes favor divided government because it makes major policy changes harder to pass.
Across 9 midterms from 1990 to 2022, the S&P 500 gained an average of 14.46% over the following year.
Congress could turn blue while Wall Street stays green.
Source: Franklin Templeton, Decision Desk HQ
#USMidtermElections #crypto #USGovernment #worldnews
🇺🇸 STOCK MARKET could RALLY if Democrats take Congress
Trump could lose GOP control of both the House and Senate in tomorrow’s midterms, with Decision Desk HQ putting the odds at 63%.
History suggests Wall Street might welcome the result.
The S&P 500 has gained in the year following each of 7 selected midterms under GOP presidents since 1954, including elections when Dems. controlled Congress.
Investors sometimes favor divided government because it makes major policy changes harder to pass.
Across 9 midterms from 1990 to 2022, the S&P 500 gained an average of 14.46% over the following year.
Congress could turn blue while Wall Street stays green.
Source: Franklin Templeton, Decision Desk HQ
#USMidtermElections #crypto #USGovernment #worldnews
