Posted on 10/23/2020 11:53:43 AM PDT by SeekAndFind
If you own stocks, hope for a come-from-behind win for sitting president Donald J. Trump on Election Day.
Or so says the number crunchers at LPL Financial.
Since 1950, the S&P 500 has added an average of 9.6% in the year after a president wins re-election. For instance, LPL Financial points to the re-elections of presidents Ronald Regan, Bill Clinton and Barack Obama as being particularly bullish for equities — stocks after each re-election rose close to 30%.
The opposite has tended to happen when someone new enters the Oval Office.
LPL Financial data shows the S&P 500 added only 4.8% the following year of a new presidency. It has been higher only 50% of the time.
“Think about it—usually when a president wins re-election, it means the economy is going pretty strong, so stocks tend to do well,” LPL Financial chief market strategist Ryan Detrick explained of the disparity. “The flip side is that new leadership in Washington can bring with it potential change that could rock the boat and hold stocks back.”
That said, the upcoming election and aftermath is anything but normal — in many respects it could prove to be a real statistical outlier.
(Excerpt) Read more at finance.yahoo.com ...
Under Bidet, your 401K will be nationalized.
Well duh. THAT is “new data”? Everyone knows that, even if they don’t want to admit it.
$30 trillion on our nation’s nest eggs. Don’t you think the rats would like to get their hands on it? Anyone remember 2008 election? I do believe it was Jesse Jackson who advocated taking it over and ‘giving’ us a 3.5% return.
Why don’t the folks at Fidelity/Vanguard admit it?
RE: I do believe it was Jesse Jackson who advocated taking it over and ‘giving’ us a 3.5% return.
I’m getting over 6% DIVIDENDS from some of the solid REIT stocks that I own. If the Dems followed Jesse’s advise, what will become of these dividends?
Paging Captain Obvious
If you own stocks, hope for a come-from-behind win for sitting president Donald J. Trump on Election Day.
LOL
If you own stocks, hope for a come-from-behind win for sitting president Donald J. Trump on Election Day.
LOL
Come-from-behind? LOL
$30 trillion on our nation’s nest eggs. Don’t you think the rats would like to get their hands on it? Anyone remember 2008 election? I do believe it was Jesse Jackson who advocated taking it over and ‘giving’ us a 3.5% return.
xxxxxxxxxxxxxxxxxxxxxxxxxx
3.5% return ain’t all that bad today
“$30 trillion on our nation’s nest eggs. Don’t you think the rats would like to get their hands on it?”
Oh, yeah. They’ve had their eyes on it for at least a decade. If Biden gets in, we’re screwed. Our Vanguard guy won’t discuss anything political, sadly. I think they’re prohibited.
I am counting on my stock to way up !!
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