Darius McDermott: Will US midterms prove bull market friend or foe?

Three bull and bear points

clock • 3 min read

As US voters prepare to head to the polls for tomorrow's midterm elections, Darius McDermott considers what a shift in power would mean for the stockmarkets and picks out three global funds with solid US weightings

Early voting has already started, but the majority of the US electorate go to the polls tomorrow for the midterm elections. History tells us the incumbent party usually loses seats at this time but what would a shift in the balance of power mean for the US stockmarket? If the Democrats won back a number of seats and, importantly took control of one of the houses, it could have meaningful implications for fiscal policy but, perhaps more importantly, foreign relations, which have been thoroughly tested by president Donald Trump. A Democrat majority could, however, lead to more uncertainty ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Bank of England halts interest rate cuts amid ongoing inflation

Bank of England halts interest rate cuts amid ongoing inflation

As priced in by markets

Sorin Dojan
clock 20 March 2025 • 2 min read
More work needed to tackle inflation as BoE members warn of further market turmoil

More work needed to tackle inflation as BoE members warn of further market turmoil

BoE MPC members spoke at Treasury Committee hearing

Sorin Dojan
clock 06 March 2025 • 2 min read
Trump's presidency and tariffs: Advice industry shares views

Trump's presidency and tariffs: Advice industry shares views

‘Stark raving mad’ but ‘great’ for US firms

Isabel Baxter
clock 18 February 2025 • 4 min read