Andrew Sheets Says Stocks Rose After 11 Straight Midterms. Will 2026 Make It 12?
A 247wallst.com article by Chris Lange reports Morgan Stanley's Andrew Sheets's argument that despite a Democratic sweep in the November 2026 midterms, investors should avoid election-driven portfolio swings, noting the S&P 500 rose one year later after all 11 midterms from 1982 to 2022 — a streak Sheets admits may be coincidence. The piece adds that markets sank briefly on election night before recovering, and recommends calendar-based rebalancing, watching the upcoming inflation report, and tracking AI borrowing costs.
