In 2019, the Federal Reserve’s stimulus packages – which SHOCKED the markets, since they represented a full U-turn in terms of policy, compared to the aggressive tightening in 2018 – were one of the primary reasons that the stock market soared by so much.
Earnings season is nearly over, along with the midterm elections, and now we need to see how the U.S. government functions in one of the most hostile political environments we’ve witnessed in decades.
History is clear on this. We’re entering the best, 9-month period for the stock market.
We will cover the results of the midterm elections and their impact on stocks, bonds, and commodities this coming Thursday, but one, critical and very determining new trend is already in place, no matter who takes control of the house
Starting in six weeks, the clock begins to wind down, until the November 3rd, 2020 elections, with less two 2 years to go.