A quickie from Deutsche Bank on the upcoming US mid-term elections. Analysts at the bank ask if this could this be a buy signal for equities?

  • The answer is a clear yes "If history is to be believed"

DB go on:

  • the S&P 500 has risen in the year after every single one of the 19 midterm elections since World War II, with not a single instance seeing a negative return
  • Historically, the six months after the election have been particularly profitable, with an average rally of 13% over that period

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SPX weekly chart:

spx weekly 12 October 2022