politics of the presidency and markets

Midterm Elections and Weak Stock Markets

The Fed will be raising interest rates and that has spooked the market. Then there is the war in Ukraine with disruptions of the commodity markets and the prospect of global recession starting in Russia and Europe. So, these factors should explain why the market is down in Biden’s midterm year. But none of this explains why midterm elections and weak stock markets have been the pattern since 1900!

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