In last week’s mid-term elections Republicans gained control of the Senate and come January, when newly elected Senators take the oath of office, Republican lawmakers will hold the majority of seats in both the House and Senate. Hard to believe, but according to BTN Research this will be only the seventh year in the past five decades when Republicans had control of Congress with a Democratic President. The average S&P 500 gain in those earlier six years: +21.3%.
♦ Please note that my readings will change without notice, so please don’t buy or sell solely based on anything you read in this blog. ♦