Midterm elections’ stock market surge: An unintentional gift from US politicians

Our article offers a scholarly scrutiny of the midterm election effect on the U.S. equity market. We first examine whether any pattern is present in the U.S. stock returns after the midterm elections and then carefully document the magnitude of it. Second, we compare the post-election stock market cycles for the presidential and the midterm elections. Finally, we examine whether fiscal or monetary policies are solely causing the distinctive return pattern