Republican Sweep: Implications for Markets and Economy
A Republican sweep in Congress, with Donald Trump winning the 2024 election, could influence the stock market, though historical data suggests that a divided government tends to yield better stock returns. From 1951 to 2023, the S&P 500 saw higher average gains under split control of the presidency and Congress. While political outcomes can affect markets, economic fundamentals, such as central banking policies and interest rates, play a more significant role in driving stock performance.