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Sam Ro highlights that the S&P 500 has increased in 21 out of the last 23 midterm election cycles, specifically during the period from one month before the election to two months after.
This observation is based on data cited from DB and covers market behavior around U.S. midterm elections.
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Sam Ro has previously noted that S&P 500 earnings per share estimates were sharply upgraded each quarter over the past year, as shown in recent data. In another report, he presented historical figures for the number of companies listed on the NYSE, Nasdaq, and American Exchanges from 1926 to 2025. These references add to Ro's ongoing focus on key market statistics.