Fastest Four: Rough Stretch for Stocks…

Stocks have been on a historic 4-year run, but that could be about to change. Since 1990, the S&P 500 has dropped an average of 5.1% between August 18 and October 11 in every midterm election year, with the Nasdaq down nearly 7% and the Russell 2000 down almost 8% over that same stretch. Here's the good news: 12 months after the last 18 mid-term elections, the S&P 500 has been positive every single time. In this episode, we break down what the charts actually show, why uncertainty around Congress drives the pullback, and why the fundamentals still point higher long-term.