BlockBeats News: On January 14, Ed Clissold, Chief U.S. Strategist at Ned Davis Research, plans to coin a new term — "Big MAC Trade." The acronym stands for "Big Midterms Are Coming." He wants to use this concept to summarize his view that... The core theme of the U.S. stock market in 2026: The policy developments and their impacts before and after the congressional elections in the fall of this year.
President Trump of the United States issued a series of policy-like statements intensively at the beginning of the year. These actions are sufficient to indicate that,Trump is focusing on improving the Republicans' chances of winning in the November elections.Its policy focus has targeted the highly discussed issue in public opinion—the affordability challenges in American daily life. This trend could have profound implications for the stock market. Take last week's market performance as an example,As soon as news broke that Trump had demanded credit card issuers cap interest rates at 10%—less than half of the current average rate—bank stocks sharply declined. After he ordered defense companies to suspend dividend payouts and redirect funds into production, the defense sector also suffered a heavy blow. And following recent government criticism of the Federal Reserve's independence, the entire Wall Street fell into panic on Monday.
Lisold wrote in the report: "Policy adjustments targeting specific industries will pose a major risk before the midterm elections,"However, the current market is still unclear about how to hedge against such risks.(Gold Ten)