Midterm Elections Loom Over the Stock Market

Divided control of Congress, White House, has historically led to poor returns

(Image credit: Getty Images)

Nate Silver’s FiveThirtyEight.com, my go-to source for election predictions, currently gives the Democrats an 86% chance of capturing a majority in the House in the Nov. 6 midterm elections.

If Silver is right — and almost every political observer thinks he is — Republican control of the White House and both houses of Congress will end after a two-year stretch.

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Steven Goldberg
Contributing Columnist, Kiplinger.com
Steve has been writing for Kiplinger's for more than 25 years. As an associate editor and then senior associate editor, he covered mutual funds for Kiplinger's Personal Finance magazine from 1994-2006. He also authored a book, But Which Mutual Funds? In 2006 he joined with Jerry Tweddell, one of his best sources on investing, to form Tweddell Goldberg Investment Management to manage money for individual investors. Steve continues to write a regular column for Kiplinger.com and enjoys hearing investing questions from readers. You can contact Steve at 301.650.6567 or sgoldberg@kiplinger.com.