What the Democratic Wave Means for 2028

“In surfer slang, a wave that lasts a long time is a ‘runner.’ A key question for investors is whether the blue wave that washed over the country Tuesday was that kind of wave, and could it ferry Democrats to victory in 2028,” CNBC reports.

“Statistically, the answer is it should have little effect.”

“CNBC analyzed elections since 1938 and looked at the biggest midterm wave elections where the party in the White House lost seats to determine whether they portend anything about the presidential election two years later.”