Amanda Agati

Today's inflation data, largely in-line with consensus expectations, but still well above the Fed's target, is a reminder rising prices will still be a major issue for investors & voters in this midterm election cycle. 🗳️ But what comes after the midterms is what long-term investors should try to stay focused on. Since 1938, the 12 months following a midterm has always generated positive returns for the S&P 500. It's less about who wins and more about lifting the cloud of uncertainty - the purple haze as I like to call it - that may be hanging over markets. We expect the headline noise to get louder the closer we get to the election, so what's an investor do to?! Stay diversified and buckle up, because there's typically volatility heading into November. But soon enough it'll all be in the rearview mirror! My latest PNC Bank Adding Alpha breaks it down.