The U.S. stock market tends to rise in the 12 months following midterm elections, but that might not be the case this time, according to Jim Reid, head of thematic research at Deutsche Bank.
“The real jaw dropper,” said Reid, “is that over this period a recession has not started in year 3 of the election cycle.” Read: S&P 500 earnings estimates for 2023 take ‘complete U-turn’ as recession risks loom, according to BofA U.S. stocks opened lower Wednesday, as the battle to control Congress remained too close to call after midterm elections held Tuesday. On Wednesday morning, voters’ support for Democrats appeared to be dashing Republican hopes for a strong “red wave“.
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We are going Higher…
We're going to listen to Deutsche Bank? Hahahaha
Markets love stability. This is stability.
I'm done with marketwatch you guys are quoting UBS the biggest i d i o t s part of the 2008 debacle
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Market reaction to US midterm elections should be quite muted – Danske BankToday, the focus is on the US midterm elections. Economists at Danske Bank do not expect the election result to be a major market mover in the near-te
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »
STOCK MARKET NEWS: Midterm election and stocks, Powerball numbers drawn, Kohl’s CEO outInvestors are keeping close tabs on the midterm election outcomes for clues on how the stock market may perform in the coming months. Additionally, after a glitch, the Powerball numbers are out. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. My portfolio isn’t showing it yet. Because of 🔴🔴🔴 Wave There's no reason to consider investing in $AURI. However, there are plenty of reasons to do so.
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What's next for the stock market as midterm election results roll inInvestors are talking about the potential for the midterm elections to spark a stock-market bounce, arguing that the potential for a divided government if Republicans take control of one or both chambers would be positive news. Lol nice take. How about the current Dem controlled everything has run the economy into the ground. Time to fix the wreckage. 😝😝😝😝🚀🚀🚀🚀🚀🥵🥵🥵🥵
La source: MarketWatch - 🏆 3. / 97 Lire la suite »