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Market Impact: 0.2
Why Stocks May Rally If Trump Loses Congress
Source: seekingalpha.com
Market Technicals & FlowsElections & Domestic PoliticsInterest Rates & YieldsInflationInvestor Sentiment & Positioning
The S&P 500 is up 12.6% year to date, outperforming typical midterm years, and historical post-election performance points to a likely rally. However, a 5.1% 10-year yield, high inflation and a 19x forward P/E may constrain further gains by limiting the risk premium.
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