From CNBC · Sarah Agostino · · 50s
Nearly half of investors fear midterm election impact
Investors worry about election effects on stocks, but history shows markets have climbed after midterms on average.
In brief
Investors worry about election effects on stocks, but history shows markets have climbed after midterms on average. Nearly half of surveyed investors worry midterm elections will hurt stocks, though historical data suggests markets typically rise after midterms. Originally reported by CNBC.
Nearly half of investors worry about elections
Forty-eight percent of investors surveyed by Morgan Stanley Wealth Management said they are concerned about the November three midterms' potential impact on the stock market.
“Nearly half of surveyed investors, 48%, said they are concerned about the Nov. 3 midterms' potential impact on the stock market”
Anxiety runs deeper in other surveys
The Nationwide Retirement Institute found fifty-six percent of investors feel more anxious because of elections, and seventy-five percent believe results could meaningfully affect their long-term financial plans.
“56% of surveyed investors said they feel more anxious because of the elections, and 75% believe the results could meaningfully affect their long-term financial plans”
History suggests stocks climb after midterms
Although it is impossible to predict what markets will do after the November three elections, stocks generally have climbed after midterms on average, financial advisors say.
“stocks generally have climbed after midterms, on average”
What it means
Nearly half of surveyed investors worry midterm elections will hurt stocks, though historical data suggests markets typically rise after midterms.
