During the past 96-years there have been 24 Presidential elections.
Here’s how the S&P performs during an election year…
- 5.1% average gains (before dividends)
- 74% winning years
You can see that most of the gains happen between July and December.
Here’s what’s really interesting…
Stocks perform better when it’s the 4th year of a new President.
Here you can see that the market ALWAYS goes up. And the gains average 12.2%.
It really doesn’t matter if you prefer Biden or Trump.
Historically, stocks do well when it’s the final year of a President’s 1st term.
The S&P 500 is already up 8.7% YTD.
Yet the biggest gains typically happen later in the year.
It’s reasonable to think that 5,500 is within reach for the S&P later this year.
Ian