Stock Markets have a history of moving higher within 5 trading days of Congress adopting a resolution for war powers. By November 1, 2023 a sharp rise in the stock market is expected to start.
Congress adopts resolution to support Israel
Biden sends War Powers notification to Congress following strikes in Iraq and Syria
Here are previous examples of Congress adopting a resolution for war or military force. All were followed by a stock market rally.
Oct 2, 2002
Congress adopts resolution for Iraq war
Jan 12, 1991
Congress approves use of Military Force against Iraq Resolution of 1991
Aug 25, 1982
Congress invoked War Powers Resolution for Lebanon
Stock charts courtesy of StockCharts.com.
