Let’s talk about the midterm elections on this week’s update with Brett Witkowski!

Looking at the S&P 500 following the midterm results, the market appears poised for a strong day. Markets tend to respond positively when uncertainty is removed, and the overall outlook seems healthy. Hopefully, this momentum sets us up for a strong November and December.

Now, let’s talk about the Blue Wave. Democrats have flipped 7 seats in the Senate and 25 seats in the House, marking the largest gains and political shifts since 2008.

Following a historic midterm election, the net result of a divided government could bring greater stability and predictability for big business. Historically, divided or gridlocked governments have often provided a favorable environment for stocks. As always, don’t mix your politics and investing, and we look forward to providing you with more updates in the weeks to come.

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