Immaculate Market Faces Seasonal Reality Check Amid Midterm Risks
TL;DR
Despite a near-record run in the stock market fueled by a strong earnings season (EPS beat rates around 86%, the best since 2021), BTIG strategist Jonathan Krinsky warns that midterm-election years historically bring a meaningful pullback in August–October (about 7% or more in several past instances). With the S&P 500 benefiting from robust Q2 results, investors should consider trimming risk or hedging broad equity exposure as this historically difficult period approaches.
- Why the 'immaculate' stock market might not stay that way long Yahoo Finance
- How might midterm elections impact the stock market? Fidelity Investments
- Record Highs and Low Volatility: Is Wall Street Too Complacent Ahead of Midterm Elections? Barron's
- Prediction markets see a divided government after midterm elections. Here’s how you should trade, Citi says. MarketWatch
- "Seo-hak Ants, Beware the U.S. Stock Market in September Ahead of the Midterm Elections" 아시아경제
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