Midterm elections may not provide typical boost for U.S. stocks, Deutsche Bank warns, pointing to ‘real jaw dropper’ in this chart on recessions in presidential cycles

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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...

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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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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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. 😝😝😝😝🚀🚀🚀🚀🚀🥵🥵🥵🥵
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