Darius McDermott: Will US midterms prove bull market friend or foe?

Three bull and bear points

clock • 3 min read

As US voters prepare to head to the polls for tomorrow's midterm elections, Darius McDermott considers what a shift in power would mean for the stockmarkets and picks out three global funds with solid US weightings

Early voting has already started, but the majority of the US electorate go to the polls tomorrow for the midterm elections. History tells us the incumbent party usually loses seats at this time but what would a shift in the balance of power mean for the US stockmarket? If the Democrats won back a number of seats and, importantly took control of one of the houses, it could have meaningful implications for fiscal policy but, perhaps more importantly, foreign relations, which have been thoroughly tested by president Donald Trump. A Democrat majority could, however, lead to more uncertainty ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

News editor's view: Burnham's Britain arrives

News editor's view: Burnham's Britain arrives

The news editor's Friday Night Takeaway from 24 July

Isabel Baxter
clock 24 July 2026 • 3 min read
UK inflation drops to 2.6% to bring 'fleeting' relief as fuel prices fall

UK inflation drops to 2.6% to bring 'fleeting' relief as fuel prices fall

BoE rate hike priced in for 2026

Michael Nelson
clock 22 July 2026 • 2 min read
Andy Burnham to launch ten-year plan for UK

Andy Burnham to launch ten-year plan for UK

Cost of living measures to be set out

Jaskeet Briah
clock 20 July 2026 • 3 min read