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Midterm Uncertainty Unlikely to Rattle Wall Street ETFs: Here's Why
Zacks Investment Research·
Historical data suggests the S&P 500 typically rallies after midterm elections, with an average 14.4% gain in the following year. Strong Q3 earnings growth of 24.6% year-over-year and robust holiday retail sales projections of 4.5% growth provide additional support for equities. Market performance may depend more on corporate fundamentals than election outcomes, though political uncertainty and bond yields remain risks.
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