What History Says About 2022 Stock Market Performance During U.S. Midterm Election Cycle
Based on the annual seasonality chart during US midterm election cycle for the past 71 years, S&P 500 (SPX) is expected to experience increasing volatility in a prolonged trading range.
Last year in 2021, S&P 500 (SPX) gained 26.9% on the year, just less than 1% away from all-time high. It is the best performing index that beats Nasdaq Composite (IXIC), Dow Jones (DJI) and Russell 2000 (RUT).
Despite the outstanding performance last year, there are a few important events unfolding in 2022 where I have covered one of them – potential effect of macro environment on S&P 500. Next is the 4-years US election cycle.
Follow & share @TransAmericanFriendship
