Markets hate uncertainty — and few events create more widespread uncertainty than national election years.
In a recent Market on Close livestream, Senior Market Strategist John Rowland explained a lesser-known but powerful historical pattern: midterm election years tend to be some of the most volatile periods for the S&P 500 Index ($SPX). It’s not due to partisan politics, but rather the result of how pre-election uncertainty affects positioning, capital allocation, and investor psychology.
