What a Republican sweep in Congress could mean for the stock market—in one chart

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

News Nyheter

Sverige Senaste nytt,Sverige Rubriker

Stocks have posted a positive annual return in 13 consecutive years when control of Congress has been split between Democrats and Republicans.

. It's too early to determine which party will win the majority in the House of Representatives, but should Republicans retain control, the party will be in position to set forth the agenda that Trump laid out on the campaign trail.But some investors may be eying the pending House races closely."What tends to do better for investors is not so much who is in the White House. It's the makeup of Congress," says Ryan Detrick, chief market strategist at the Carson Group.

A divided Congress in particular tends to bode well for investors, with average yearly gains of 15.7% under Democratic presidents and 13.7% under Republican presidents. "There's not too much power one way or the other, not too much spending one way or the other," he says."There are checks and balances, the way our forefathers wanted things."

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 288. in SE

Sverige Senaste nytt, Sverige Rubriker