Will US midterm elections offer a boost to equity markets?

Will US midterm elections offer a boost to equity markets?

Kully Samra, UK branch director at Charles Schwab, explains why US midterm elections are usually a positive period for US stocks - despite the end of QE this month.

As all eyes are looking ahead to the Federal Open Market Committee (FOMC) meeting this week and US stocks have once again pulled back as global concerns have reached a tipping point. On the US domestic front, Federal Reserve policy and US midterm election uncertainty can add to investor consternation. The Federal Reserve remains accommodative, but with quantitative easing ending this month, and the first rate hike in the US market's sights, volatility is likely to rise. However, the period following the midterm elections has historically been very positive. Midterm fever We are ...