Midterm Elections and the Market
Concerned about possible effects of the political scene on the stock market, investors are eying the upcoming 2018 midterm elections with some caution. In fact, Sheaff Brock Managing Director Dave Gilreath pointed out in a recent Knowledge Builder presentation, midterm elections have been inflection points for equity markets in the past regardless of which party won or lost! Source: Strategas Research True, there has always been a correction during a midterm year, but the interesting thing, Gilreath notes, is that the [...]