Sentences with phrase «middle of a tightening cycle»
In the prior 27 midterm periods, the S&P 500 has rallied 12 % on average during the 10 months following the election; the return jumps to 22 % when the Fed is in the middle of a tightening cycle.
The last time a Liberal government entered an election in the middleof a monetary policy tighteningcycle was in 2006; that year, the Conservatives defeated them.