The Democrats’ election outperformance suggests the economy is not as bad as many think – and will have a year-end rally, Fundstrat says

https://markets.businessinsider.com/news/stocks/stock-market-outlook-democrats-midterm-win-suggests-economy-not-bad-2022-11

The surprise outperformance of Democrats during last week's midterm elections represents a signal for investors that suggests there is more upside for the stock market heading into year-end, according to Fundstrat's Tom Lee. 

That's because if the economy and inflation was as bad as some have been saying, it should have been an easy win for Republicans. Instead, the Democrats won the Senate, and the House of Representatives is still up for grabs, though as Monday morning it looks likely to be won by Republicans by a slim margin.