Geopolitics Alpha

What Trump shares with Truman after a midterm shellacking

Published . Updated .

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What Trump shares with Truman after a midterm shellacking

Shortly after World War II, as the United States faced a rising Soviet Union, a devastated Europe, and the dawn of a Cold War, President Harry S. Truman got clobbered in midterm elections.

Directly affected

  • No company is named in this report.

Indirectly affected

  • ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • XAR SPDR S&P Aerospace & Defense ETF-4.4% 30d

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).

  • EFA iShares MSCI EAFE ETF-0.7% 6d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe, which this story is about.

  • PPA Invesco Aerospace & Defense ETF-1.9% 30d

    Invesco Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • FEZ SPDR EURO STOXX 50 ETF-1.8% 5d

    SPDR EURO STOXX 50 ETF holds stocks listed in Europe, which this story is about (“europe”).

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA+3.67%+2.77%baseafter closeafter closeafter closeafter close
XAR+2.91%+0.53%baseafter closeafter closeafter closeafter close
VGK+0.86%+3.36%baseafter closeafter closeafter closeafter close
EFA+1.79%+3.78%baseafter closeafter closeafter closeafter close
PPA+5.03%+2.28%baseafter closeafter closeafter closeafter close
FEZ+0.50%+3.59%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

What Trump shares with Truman after a midterm shellacking CNN

Source: CNN

This story

CompanyWhenMoveStatus
EFAthree days earlier+3.78%final price
EFAfive days earlier+1.79%final price
FEZthree days earlier+3.59%final price
FEZfive days earlier+0.50%final price
ITAthree days earlier+2.77%final price
ITAfive days earlier+3.67%final price
PPAthree days earlier+2.28%final price
PPAfive days earlier+5.03%final price
VGKthree days earlier+3.36%final price
VGKfive days earlier+0.86%final price
XARthree days earlier+0.53%final price
XARfive days earlier+2.91%final price

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “What Trump shares with Truman after a midterm shellacking” looks

25 out of 100

“What Trump shares with Truman after a midterm shellacking” scores 25 out of 100. The score uses 2 sources.