Reported 19 days ago
Following a recent election, Republicans are expected to regain control of the Senate, which historically correlates positively with stock market performance. Analysis shows that from 1946 to 2020, Republican Senate leadership resulted in an average annual return of 11.3% for the Dow Jones Industrial Average, compared to 6.3% under Democratic control. The expectation of no corporate tax increases under a GOP Senate may also incentivize significant stock buybacks by major corporations, potentially benefiting investors.
Source: YAHOO