Stocks rallied after the midterms, and Barclays Head of US Equity Strategy Venu Krishna says that fits the historical pattern: midterm elections tend to be a clearing event, and stocks usually do well once the results are settled. He tells Yahoo Finance’s Jake Conley why a divided government can be good for markets, what new data center ballot measures could mean for the AI build-out, why yields near 5% create a negative correlation with stocks that leaves earnings to do the heavy lifting, and why the AI spending narrative is now the biggest issue for the market.
00:00 Why the midterms were a clearing event
01:32 Data center ballot measures and the AI build-out
03:09 Yields, rates and stock multiples
04:32 Could anything derail the rally?
05:30 The AI spending narrative
#midterms #stockmarket #investing
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