{
  "id": 18013442,
  "title": "Wall Streets perfekte valgrekke: Tror på videre oppgang",
  "url": "https://urgent.news/2026/11/03/wall-streets-perfekte-valgrekke-tror-pa-videre-oppgang",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-03T19:27:31.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/boers-og-finans/i/Wgwr8K/wall-streets-perfekte-valgrekke-tror-paa-videre-oppgang"
  },
  "original_language": "en",
  "account": "On Tuesday, Americans went to the polls in a mid-term election. On Wall Street, history favored investors. The broad S&P 500 index has been higher for twelve months after every 19 mid-term elections since 1950, according to data from J.P. Morgan Asset Management. On average, the index has grown around 15 percent a year after an election. Joachim Bernhardsen, chief strategist at Nordea, finds the history interesting. If one looks at it in a longer perspective, the period after a mid-term election is a very good one for the stock market. One might wonder why it is so, but that is how history has shown it to be. Bernhardsen also believes it may be positive for the stock market to avoid the election. The clarity of the election itself could contribute positively, regardless of the result. He especially points to the possibility of a divided congress, where Democrats and Republicans control each of their chambers. That could be a positive outcome for the stock market, he thinks. If that were to happen again this time, he believes it is \"risk on\" and a good rise in the stock market. The strategist draws attention to the uncertainty surrounding the development of data centers in the USA. He thinks investors may fear that democratic control over both the Senate and the House of Representatives will lead to stricter regulations on development. Even though history points to further growth, Bernhardsen cautions investors not to put too much weight on the election. - We don't put too much emphasis on it when giving investment recommendations. He stresses that it is only other factors that ultimately determine where the stock market goes over time. - After all, it is economy, earnings, and growth that determine where the stock market goes. At the same time, he believes President Donald Trump has shown that political decisions can have major consequences for markets. - I'm not saying politics doesn't have an effect. But trying to adjust a portfolio based on the outcome of an election is probably not a good strategy. When asked if the S&P 500 will be higher in twelve months, Bernhardsen remains optimistic. But he stresses that it is not so much the election that matters. - It has not so much to do with the election. It is really about the economy growing well and companies' earnings growing. He expects earnings growth to slow down somewhat in the future, but still believes it will be solid. - There are rarely large falls in the stock market as long as the economy is doing well and earnings are growing. So I believe we will have a higher market than we have today in twelve months.",
  "summary": "S&P 500 har vært høyere ett år etter samtlige amerikanske mellomvalg siden 1950.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}