Key facts
- The market has had its strongest start to a midterm-year second quarter since 1950.
- This strong performance occurred despite entering a typically weak period of the presidential cycle.
The stock market has demonstrated exceptional strength in its opening to the second quarter of a midterm year, marking the best performance seen since 1950. This robust rally is notable as it defies historical patterns, occurring during a phase of the presidential cycle that is typically characterized by weaker market performance.