Midterm seasonality fuels equity bullishness, but AI financing stress persists
Historical data show the S&P rising for 12 months after every midterm, and strategists are bullish. Credit stress at AI hyperscalers and data-center moratoria are the counterweight.
What we know
S&P has risen after every midterm since 1942, and JPM sees gridlock as bullish. Cudmore says hedge funds aren't positioned. Risks: Meta CDS at record wides and Goldman's 45% data-center capacity freeze. Pre-IPO ANT is up ~7%.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.