Strange, but true: The S & P 500 has been solidly higher 12 months after the midterm elections in every cycle since 1954, according to Yardeni Research, regardless of which party won or lost. The broad market index’s average one-year gain in 17 post-elections windows has been about 15%. Those facts are on our minds this Election Day, as voters cast their ballots amid a rough year on Wall Street. Everyone is wondering when we’ll see, or whether we’ve already seen, the bottom in the current bear market. Of course, past performance is not indicative of future outcomes, and right now many strategists are worried that inflation and recession fears could continue to weigh on stocks . We recognize the uncertain macro environment may complicate the usual post-midterm rally. Nevertheless, we think the history is worth pointing out to Club members. We also wanted to zoom in on it through a Club-specific lens, analyzing how the 31 stocks in Jim Cramer’s Charitable Trust have done in the 12 months following recent midterm elections. Here’s what we did, with some caveats. We looked at only the past five midterms — 2018, 2014, 2010, 2006 and 2002 — to see which current Club stocks had the biggest 12-month gains following the election. The S & P 500’s average 12-month gain following those five elections is 8.3%. One limitation of the exercise is that not every stock in our portfolio was publicly traded in all five election cycles. Salesforce (CRM) and Alphabet (GOOGL) held initial public offerings in the summer of 2004, while Facebook parent Meta Platforms (META) went public in May 2012. While we chose to highlight the best performers, there were also underperformers and stocks that were in the red in each of the past cycles we looked at. This exercise is designed to show how much stocks moved during these bullish cycles not why they performed as they did. 2018 election These are the five Club stocks with the largest gain between Nov. 6, 2018 — when the midterms were held — and Nov. 6, 2019: Advanced Micro Devices (AMD), Microsoft (MSFT), Qualcomm (QCOM), Procter & Gamble (PG) and Estee Lauder (EL). The S & P 500 advanced 11.7% in that stretch. 2014 election The S & P 500 rose 4.5% between Nov. 4, 2014 and Nov. 4, 2015. These are the five best-performing Club stocks over those 12 months: Amazon (AMZN), Starbucks (SBUX), Constellation Brands (STZ), Nvidia (NVDA) and Meta Platforms. 2010 election Between Nov. 2, 2010 and Nov. 2, 2011, the S & P 500 climbed 3.7%. These are the Club’s top five performers in that span: Estee Lauder, Starbucks (SBUX), Humana (HUM), Bausch Health (BHC) and Costco Wholesale (COST). Note: This list does not include Coterra Energy (CTRA), which soared 163% in the 12 months following the 2010 midterms. The company was known as Cabot Oil & Gas back then. In 2021, it rebranded as Coterra following an all-stock merger of equals with Cimarex Energy. 2006 election The S & P 500 rose 6.7% between Nov. 7, 2006 and Nov. 7, 2007. These 5 Club names registered the largest gains during those 12 months: Apple (AAPL), Amazon, Wynn Resorts (WYNN), Nvidia and Google parent Alphabet. 2002 election Over the past five midterm cycles, the S & P 500 saw its largest 12-month gain between Nov. 5, 2002 and Nov. 6, 2003, jumping 14.9%. These are the best-performing Club holdings in that stretch: Amazon, AMD, Cisco Systems (CSCO), Humana and Wynn Resorts. Final Club thoughts Only two Club holdings outperformed the S & P 500 in each of the 12-month windows following a midterm election: Apple, which was the biggest winner in the 2006 cycle, and Honeywell (HON), even thought it never cracked the top five in an individual yearlong span. Interestingly, there were five Club holdings — Apple, Amazon, Honeywell, Costco and Estee Lauder — that were positive in the 12 months after the midterms in each of the past five election cycles. Finally, it’s also worth reminding everyone that performance over a 12-month period following a specific event — in this case, a midterm election — is just a snapshot in time and does not, necessarily, reflect how the company’s underlying business did during the period. A wide range of factors — some specific to a company, others more macro in nature — affect how a stock trades in the near term. But over the long run, the best companies tend to get rewarded by the market. (See here for a full list of the stocks in Jim Cramer’ Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
People walk past the New York Stock Exchange (NYSE) on Wall Street on July 12, 2022 in New York City.
Angela Weiss | AFP | Getty Images
Strange, but true: The S&P 500 has been solidly higher 12 months after the midterm elections in every cycle since 1954, according to Yardeni Research, regardless of which party won or lost. The broad market index’s average one-year gain in 17 post-elections windows has been about 15%.
Honda officially launched its new electric SUV, the S7, in China. As its first high-end electric SUV, Honda says the S7 will set new benchmarks with over 400 miles (650 km) of driving range, first-class comfort, and a stylish new design. The S7 will compete with the Tesla Model Y and other premium electric SUVs in China, starting at about $36,000.
Meet the Honda S7 electric SUV
Honda’s joint venture in China, Dongfeng-Honda claimed “the surge is about to break out” after teasing the S7’s new styling last month. On Thursday, the company officially launched its new electric SUV.
The S7 will be key to Honda’s comeback in the world’s largest EV market. Honda’s new electric SUV is now available starting at 259,900 yuan (about $36,000).
In terms of size, at 4,750 mm long, 1,930 mm wide, and 1,625 mm tall, the S7 is about the same size as the Tesla Model Y (4,797 mm long, 1,920 mm wide, 1,624 mm tall).
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Honda designed the SUV from the ground up for buyers in China, claiming it offers better driving, more fun, and more style. The electric SUV wears Honda’s new “H Mark,” exclusive for its next-gen EV lineup. Other design elements include a light-up H logo up front, a foot-sensing electric tailgate, and retractable door handles.
Honda S7 electric SUV (Source: Dongfeng-Honda)
Inside, the S7 is Honda’s first with a dimming panoramic sunroof. With a 2,930 mm wheelbase, it has a spacious interior with up to 860 mm of second-row legroom.
Several premium features include a 3-spoke multi-function leather steering wheel, streaming media rearview mirror, a fragrance system, and BOSE sound system.
Loaded with the latest software and connectivity tech, the S7 has “Honda’s most powerful smart cockpit” with split 12.8″ and 10.25″ smart infotainment screen and 9.9″ instrument display.
Honda Connect 4.0 provides an AI Voice Assistant, multi-screen linking, and continuous improvement with AI. Meanwhile, Honda Sensing 360+ includes ADAS features like active cruise control, pre-collision warning, lane keeping assist, parking assist, and a 360-degree panoramic imaging system.
It’s available in both single-motor (RWD) and dual-motor (AWD) options. The RWD variant includes a 268 hp (200 kW) electric motor and an 89.8 kWh NMC battery pack, good for a 650 km (404 miles) CLTC range.
With an added front motor, the AWD S7 packs up to 469 hp (350 kW) and is rated with 620 km (385 miles) CLTC driving range.
In comparison, the new Tesla Model Y RWD first edition starts at 263,500 yuan ($36,200), with a CLTC range of up to 593 km (368 miles). The Long-Range AWD model, with a CLTC range of up to 719 km (447 miles), starts at 303,500 yuan ($42,000).
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Leading today’s Green Deals is the $500 off pre-sale promotion on Segway’s new Ninebot MAX G3 eKickScooter that comes with a bunch of upgraded features like Apple Find My, autonomous locking/unlocking, and more – all at $900 through March 24. We also have Jackery’s Spring Sale in full swing with 50% off discounts on its power stations and solar generators (and bonus savings), one of which is the Explorer 3000 Pro Portable Power Station bundled with two 200W solar panels at a new $1,994 low. Lastly, we have Samsung’s Bespoke AI Laundry Combo All-in-One Washer and Ventless Heat Pump Dryer coming with a bunch of additional savings at $2,199. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s Anker SOLIX weekend flash sale offers, the Lectric XPedition 1.0 and XPeak 1.0 price cuts, and more.
Segway’s new flagship Ninebot MAX G3 eKickScooter opens for preorder at $900
Segway has launched its pre-sale promotion on its new Ninebot MAX G3 eKickScooter at $899.99 shipped through March 24. Carrying a normal price tag of $1,400, this is the very first chance to grab some cash savings on this all-new model before it officially releases on March 25. You’ll be getting a 36% markdown while this promotion continues, saving you $500 off the going rate and setting the bar for future discounts down the road. Head below to learn more about this new e-scooter and its features.
Segway’s Ninebot Max G3 e-scooter arrives as the latest version of its flagship eKickScooter lineup, sporting an 800W motor that peaks at 2,000W to provide increased top speeds of 28 MPH while also tackling up to 30% inclines. With its Boost Mode activated, you’ll even have acceleration up to 15.5 MPH in just 2.4 seconds. The 597Wh battery delivers a travel range up to 50 miles on a single 3.5-hour charge, courtesy of its built-in fast charger, with the timeframe dropped to 2.5 hours after connecting a DC charger cable simultaneously.
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There’s a bunch of upgraded features on Segway’s Ninebot MAX G3, like the Stability Enhancement System for improved handling, disturbance resistance and slip resistance – even at high speeds. There’s also the inclusion of Apple Find My through its companion app to detect and find your scooter whenever needed, as well as extra security in the form of autonomous locking and unlocking via Bluetooth, with the distance it does so being adjustable to your preferences. You’ll also find it coming with dual suspension, 11-inch self-sealing tires, an automatic 6W headlight, an underglow lighting system, and a 2.4-inch smart TFT display that offers the usual at-a-glance riding data alongside navigation, caller ID and smart charge management.
You can also browse through Segway’s current sale offers while the savings are still around, which has the Apple Find My-capable Ninebot E2 Pro eKickScooter down at $500, among others.
Jackery Spring Sale drops Explorer 3000 Pro solar generator with two 200W panels to new $1,994 low
We’re almost out of winter, which means Jackery has launched a Spring Sale through March 12 with up to 50% taken off a selection of power stations, solar generator bundles, and accessories – plus, there’s even an extra 5% in savings too. One notable inclusion that is hitting the best rate we’ve seen to date, is the Explorer 3000 Pro Portable Power Station that comes bundled with two 200W solar panels for $1,994.05 shipped, after using the promo code EXTRA5 at checkout. This package would normally cost $3,999, with discounts usually keeping things between $2,199 and $2,799, though we’re seeing it start at $2,099 here, which gets all the better with the extra savings. Having gone as low as $1,999 during Black Friday, today’s deal pushes that rate aside while saving you $2,005 – landing things at a new all-time low and beating out Amazon’s current pricing by a huge margin.
A great option for folks who want one of the more versatile (and larger) power stations for camping, home backup, and RV support, Jackery’s Explorer 3000 Pro provides a solid 3,024Wh capacity for starters. It can dish out plenty of juice for your devices and appliances, with its output reaching 3,000W normally while surging upwards to 6,000W. Among its 10 port options, you’ll find an RV-dedicated TT30 port, making this one of the brand’s best models for motor home living. Recharging its own battery takes just 2.4 hours when plugged into a standard outlet, or you can hook up its full 1,200W of solar input to hit 100% in three to four hours (time increased for the included 400W input here). There’s also the third option of connecting it to your car, which will get it back to full in about 35 hours.
***Note: The extra 5% off coupon has not been factored into the prices below – be sure to use the code EXTRA5 at checkout for the maximum savings!
Deals for your home backup needs:
Explorer 2000 Plus (4,085.6Wh) with two 200W panels and extra battery: $2,799 (Reg. $4,999)
Explorer 5000 Plus (5,040Wh) with two 500W panels and smart transfer switch: $4,999 (Reg. $5,999)
Deals for your garden & DIY work:
Deals for your short travel needs:
Accessory deals:
You can browse the entire lineup of Jackery’s Spring Sale on the landing page here through March 12.
Samsung’s Bespoke all-in-one AI Laundry Combo with bonus $100 credit is down at $2,199 ($3,622 value)
As part of the Discover Samsung sale that is running through March 9, you can score the brand’s Bespoke AI Laundry Combo All-in-One 5.3 cubic-foot Washer and Ventless Heat Pump Dryer at $2,199 shipped, with bonus savings (more below). This 2-in-1 unit normally fetches $3,324 at full price, which we’ve seen go as low as $1,899 direct from Samsung during Black Friday and $1,700 from Best Buy (though this rate hasn’t reappeared since). You’re looking at the fourth-lowest price overall and the third-lowest we’ve tracked direct from the brand, also coming along with a $100 credit for future purchases during this sale. You can also save a bit more by going with the open-box option in excellent condition on the same page for $1,759. While Best Buy is currently offering it at a $1 higher price, those of you with a Total Membership will also be benefitting from an additional $100 discount when purchasing from the outlet.
Before I go into the washer/dryer itself, I wanted to just point out some of the other bonus savings options. First off, there is the usual free installation (normally $25) alongside the three-year Samsung Care+ plan for just $1 (normally $199). Second, you can get up to $500 off in instant credits by trading in a phone or tablet. Lastly, you can exclusive savings if you are a teacher, first responder, government official, or part of the military (check drop-down menu on the page.
Samsung’s Bespoke AI Laundry Combo comes ENERGY STAR-certified with AI supporting you through settings management and also increasing its energy efficiency by identifying and adjusting settings based on the different fabrics you place inside and how soiled they are. The AI also pairs with the dual-inverter heat pump, calculating and estimating your electricity costs to “reduce energy usage by up to 19%.” There’s also the ventless design, which allows you to place it virtually anywhere, no longer needing to be next to a dedicate exhaust vent.
The detergent tank here sports a much larger capacity, holding up to 47 loads worth of detergent so you don’t have to regularly worry about filling and refilling in between laundry loads – plus, it also has a Flex One compartment that takes that convenience to the next level as it can be split between 25 loads of detergent and 34 loads of softener. It’s also been given self-cleaning and self-drying tech to keep laundry coming out fresh, smart controls via the SmartThings app (as well as hands-free voice controls), the EPA’s seal of approval, and much more.
You can check out all that the Discover Samsung sale is offering – including daily deals – on the main landing page here.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
US Secretary of Treasury Scott Bessent addresses the Economic Club of New York on March 6, 2025.
Charly Triballeau | Afp | Getty Images
President Donald Trump‘s sanctions against Iran are designed to shut down the country’s oil industry and “collapse its already buckling economy,” Treasury Secretary Scott Bessent said Thursday.
The U.S. is deploying sanctions against Iran aggressively for “immediate maximum impact,” Bessent told the Economic Club of New York. Trump’s goal is to slash Iran’s oil exports of 1.5 million barrels per day to a trickle, the Treasury secretary said.
“We are going to shut down Iran’s oil sector and drone manufacturing capabilities,” Bessent said. The administration also intends to cut off Tehran’s access to the international financial system, he said.
Prices for U.S. crude oil and the global benchmark Brent turned positive after Bessent’s comments. West Texas Intermediate rose 5 cents to close at $66.37 per barrel by while Brent gained 16 cents to settle at $69.46.
“Making Iran broke again will mark the beginning of our updated sanctions policy,” the Treasury secretary, a former global investment manager, said. “If I were an Iranian, I would get all my money out of the rial now,” he said, referring to Iran’s currency.
CNBC has reached out to Iran’s UN Mission for comment.
Trump reimposed his pressure campaign on Iran through a presidential memorandum on Feb. 4. Two days later, the Treasury Department started imposing sanctions on an international network shipping Iranian oil to China.
Oil prices fell to multiyear lows on Wednesday as Trump’s tariffs against Canada, Mexico and China raised fears among investors that economic growth will slow and crude demand will falter. OPEC+ also confirmed this week that it will gradually bring 2.2 million barrels per day back to the market starting in April.
The oil market right now sees a drop in Iranian supply as the only bullish catalyst for prices, JPMorgan analysts led by Natasha Kaneva told clients in a Thursday note.
Trump, after launching his maximum pressure campaign, has said he wants to negotiate a nuclear deal with Iran. The president said he hoped maximum pressure is “not going to have to be used in any great measure at all.”
“I would much prefer a Verified Nuclear Peace Agreement, which will let Iran peacefully grow and prosper,” Trump said in a social media post on Feb. 5. In 2018, the president withdrew the U.S. from the Joint Comprehensive Plan of Action nuclear deal negotiated by former President Barack Obama.