MarketPR
The S&P 500 has historically outperformed in the window surrounding U.S. midterm elections, but current market conditions suggest that pattern may not hold this cycle.
According to data from Bloomberg and Deutsche Bank, the index rose in 21 of the last 23 midterm election periods, measured from one month before the vote to two months after.
The notable exception was 2018, when the index declined by more than 10% during that same timeframe, a period that coincided with President Donald Trump's first term.
The strongest performance in that historical sample occurred in 1998 during the dot-com bubble, while 2002 also saw significant gains as the market recovered from the prior crash.
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