Morningstar: stocks rise more in November of election years than in non-election years
A Morningstar analysis of 100 years of U.S. stock returns found that stocks tend to rise more in Novembers of election years: 2.4% on average, versus 0.9% in non-election years. Strategist Dan Lefkovitz attributes the effect to elections ending uncertainty. BlackRock notes that annual returns tend to be weaker in midterm years, while Fidelity says the S&P 500 gains more in the 12 months after midterms.
In 30 seconds
- Morningstar: in Novembers of election years stocks rise 2.4% on average, versus 0.9% in non-election years.
- The analysis attributes the effect to elections clearing the uncertainty markets dislike.
- BlackRock: annual returns average 7.5% in midterm years and 12.4% in other years.
IASummary generated by artificial intelligence from a story by USA Today. It may contain errors: the original source prevails.



Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.