Investors Aren’t Betting on Post-Midterm Rally

“U.S. stocks have a spotless eight-decade record of rising after midterm elections, but investors and strategists are skeptical over whether November races will spark a rebound in this year’s bruised markets,” the Wall Street Journal reports.

“The S&P 500 has moved higher in the one-year period following every midterm election since 1942, according to Dow Jones Market Data. The benchmark on average has gained nearly 15% in post-midterm years since World War II.”

“This time, tightening monetary policy and worries about an economic slowdown cloud the outlook.”