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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
๊ฐ€์ž… March 2022
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Kalshi odds give Democrats a 93% chance of winning the House and 74% chance of taking the Senate. Historically, the S&P 500 has finished higher 12 months after all 19 midterm elections since 1950, averaging a gain of 15.4%. ๐ŸŸข Across elections, divided government has historically produced an average 15% gain ๐ŸŸข one year later, compared with 11.5% under one-party control. Looking specifically at the 1986, 1990 and 2006 midterms, when Democrats controlled Congress under a Republican president, the S&P 500 averaged: Next day: -0.5% After 1 month: +3.4% After 1 year: +10.9%
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