Last November, I discussed the tendency of the US markets to be bullish following midterm elections. Historical data indicated that the average returns for the S&P 500 six and twelve months after a midterm election were 15.1% and 16.3% respectively. (Source: https://finbiteinsights.substack.com/p/us-stocks-have-always-been-bullish) So far, this trend has held true as the US stocks have surpassed expectations, despite various challenges such as inflation, rate hikes, recession risks, bank failures, and the debt ceiling. By May 8, 2023, which marks six months after the midterm election, the S&P 500 had risen by 8%. If the statistics continue to hold, it is likely that positive returns will persist until November 2023. Additionally, there are two other relevant statistics worth mentio
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