Midterms Are Biggest Year-End Market Catalyst, Chadha Says

The video discusses the historical trend of incumbent disadvantage in US midterm elections, where the president's party often loses seats. It analyzes the current political landscape, predicting potential changes in the House and Senate majorities. The video also highlights the strong US economic growth, noting that policy changes have not yet impacted this growth. Finally, it examines trade policy issues, suggesting that a check on the current administration could reduce downside risks to growth and create upside potential for the equity market.

What is the historical trend regarding the president's party during midterm elections?

• The president's party usually gains seats.

• The president's party often loses seats.

• The president's party always wins the majority.

• The president's party remains unaffected.

How many seats does the president's party typically lose in the House during midterms?

• 30 seats

• 15 seats

• 10 seats

• 26 seats

What makes the current midterm elections idiosyncratic?

• The distribution of Democrats and Republicans in the Senate.

• The president's party is gaining popularity.

• The elections are being held earlier than usual.

• There is no incumbent disadvantage.

What is the current GDP growth rate mentioned in the video?

• 4%

• 3%

• 5%

• 2%

How does the current administration's trade policy affect growth according to the video?

• It reduces downside risks and creates upside potential for equity markets.

• It increases downside risks to growth.

• It completely halts economic growth.

• It has no impact on growth.